During the first ten months of this year, the Top 10 Dividend Kings strategy significantly outperformed the group of 26 Dividend Kings. However, during October, the outperformance slightly decreased by 0.34% to 8.20%. The worst performing stock of the strategy was Colgate-Palmolive (CL), with a monthly loss of 7.7%, while the top-performing stock was Nordson Corporation (NDSN) with a total return gain of 8.86%.
Source: Portfolio Visualizer
The latest financial results for Colgate-Palmolive came below expectations with earnings in line with estimates, while revenues were approximately 0.5% below analysts' expectations. On