Low-risk investments are few and far between in the current market environment. But if you're looking to boost the cash flow into your account, you can bank on high dividend stocks like Colgate-Palmolive ( CL )! Some investors actually rely on such high dividend stocks in place of traditional retirement plans like a Roth 401k. They turn to these dividend-paying companies for financial support!
On July 13, Colgate-Palmolive announced quarterly cash dividends of 40 cents per share, or a yield of more than 2% at the company's current market price. This dividend is payable to investors as of August 15. The catch? You have to invest in CL by July 24 to be eligible for a slice of the payout pie! What are you waiting for? Buy Colgate-Palmolive now!
Analysts'
Recommendation: | Buy |
| 30 Days Ago: | Buy |
|
| Analysts' Target: | $80 |
| Analysts' Targets |
| Caris & Company | $82 |
| Above Average |
Tuesday, June 10, 2008
|
| Deutsche Bank Securities | $76 |
| Neutral |
Thursday, May 01, 2008
|
| Lehman Brothers | $79 |
| Overweight |
Thursday, May 01, 2008
|
| BMO Capital Markets | $82 |
| Market Perform |
Thursday, May 01, 2008
|
$ 82.00 
$ 79.00 
$69.31 (07/26/08)
