Today, Fool.com analyst Austin Smith looks at one phenomenal dividend-paying stock investors can buy today: Colgate -Palmolive.
While it may not wow anyone with its 2.3% yield, which trails the Dow's average, it's the stability and growth of the underlying company that investors should cheer. Focusing on personal-care products, Colgate commands far wider margins than many of its peers and is able to achieve enviable returns on invested capital. Not only that, but big emerging-market exposure spells better long-term growth potential over its more domestically focused rivals.
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The article 1 Phenomenal Dividend to Buy Today originally appeared on Fool.com.
Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Clorox. Motley Fool newsletter services recommend Kimberly-Clark and Procter & Gamble. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.