Colgate-Palmolive Aktie News

NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive (NYSE:CL) Chairman, President and CEO, Noel Wallace will participate in a fireside chat at the dbAccess Global Consumer Conference in Paris on Wednesday, June 5, 2024 at 5:15 am ET. Investors may access a live webcast of this fireside chat on Colgate's website at www.colgatepalmolive.com. For those unable to participate during the live webcast, a rec...

Investors looking for worthwhile companies to add to their portfolios should consider a few factors that make up a ‘high-quality' stock. The company's product or service and the relative moat around them are among these factors.

While the string of robust jobs reports (the April print aside) offers an optimistic view of the economy, a more nuanced analysis arguably drives the case for consumer defensive stocks to buy. With multiple factors to consider, playing it (relatively) safe might not be a bad idea.

Portfolio changes in April focus on BDCs, aiming to increase dividend income by at least $100 each month. Dividend income hit a new all-time record for April of $736, basically flat Y/Y and up 12% sequentially. Gifted Working Time 2024: Around 85 hours, or 10.6 days, of active work have been replaced with passive income in 2024, which is equivalent to more than two entire workweeks.

Dividend Aristocrats are held in high regard amongst investors due to their proven ability to achieve robust financial results and pay growing dividends over extended time periods. Considering an essential requirement of being a Dividend Aristocrat is increasing dividends for 25 consecutive years, they deserve the praise they get.

Colgate-Palmolive Colgate-Palmolive (NYSE: CL) reported its Q1 results on April 26, with revenues and earnings above the street estimates. The company reported $5.1 billion revenue and $0.86 adjusted earnings per share, compared to the consensus estimates of $5.0 billion and $0.82, respectively.

Prime examples are Coca-Cola and Hershey. They expect earnings and dividend growth, and have nice price/earnings multiples.

The first-quarter earnings train is running at full steam now with company results coming at us fast and furiously. FactSet reports that with 46% of companies listed on the benchmark S&P 500 index having reported financial results, 77% have beaten expectations for their earnings, while 60% have announced better-than-expected revenue.