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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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.