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Colgate, Palmolive, Tom’s of Maine, Ajax, and Hill’s.
The company has a unique advantage, which is its elevated level of exposure to emerging markets. Indeed, these are under-developed nations that broadly have higher rates of economic growth than more developed markets. Colgate-Palmolive generated 44% of its 2020 revenue from emerging markets in such markets as Latin America and Asia-Pacific.
As a result, Colgate-Palmolive could have better long-term growth prospects than the typical Dividend King. In the meantime, the company continues to reward shareholders with rock-solid dividends. Colgate-Palmolive has paid uninterrupted dividends on its common stock since 1895. It has also increased its dividend for 58 consecutive years.
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Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio.
His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised at the same time), but his writing also covers the broader sectors of consumer goods, technology, and industrials. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor.