5 Best January Dividend Stocks to Buy

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In this article, we discuss 5 best January dividend stocks to buy. If you want to see more best January dividend stocks to buy, the risk/reward, and methodology of this list, go directly to 10 Best January Dividend Stocks to Buy.

5. Colgate-Palmolive Company (NYSE:CL)

Number of Hedge Fund Holders: 57

Dividend Yield as of 2/3: 2.53%

Colgate-Palmolive Company (NYSE:CL) is a consumer staple that has raised its annual dividend for 60 consecutive years through multiple recessions. Considering its dividend raises, the company has a dividend yield of 2.53% as of February 3 and a forward P/E ratio of 21.43. Although analysts don’t see Colgate-Palmolive Company (NYSE:CL) growing its EPS very much over the next five years, the company has leading brands and decent normalized earnings power.

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