CL - Colgate-Palmolive: I'm Buying Before Interest Rates Decrease
2024-02-14 02:59:59 ET
Summary
- Colgate-Palmolive is a dividend king with more than 60 years of dividend increase.
- The Federal Reserve's interest rate hikes have led investors to favor risk-free rate bonds over stock dividends.
- With interest rates expected to decrease in the second half of 2024, now is a good time to invest in dividend companies like Colgate-Palmolive and hold for a long period.
Today, I continue my research among the most compelling dividend companies with another dividend king: Colgate-Palmolive ( CL ). The Federal Reserve's decision to raise interest rates in the last couple of years has prompted many investors to favor risk-free rate bonds over stock dividends. As rates have approached a stationary level and are expected to commence a decrease in the second half of 2024, I believe it is the right time to consider buying dividend-oriented companies. Incorporating stalwarts like Colgate-Palmolive and many other robust companies in our portfolios should give investors a good balance between income generation and the potential for capital appreciation over time....
Colgate-Palmolive: I'm Buying Before Interest Rates Decrease