Retirement Stock Portfolio: 10 Safe Dividend Stocks to Buy Now

6. Colgate-Palmolive Company (NYSE:CL)

Number of Hedge Fund Holders: 65

Colgate-Palmolive Company (NYSE:CL) is among the best dividend stocks for a retirement stock portfolio. On June 12, the company announced that its Board of Directors has approved a quarterly cash dividend of $0.52 per share, which will be paid on August 15, 2025, to shareholders on record as of July 18, 2025.

Though the recent dividend was consistent with the previous dividend, Colgate-Palmolive Company (NYSE:CL) has consistently paid dividends on its common stock since 1895. In addition, the company has raised its payouts for 62 consecutive years.

Colgate-Palmolive Company (NYSE:CL) is a purpose-driven and innovative company committed to creating a healthier future for people, pets, and the planet. Its product lineup spans Oral Care, Personal Care, Home Care, and Pet Nutrition, with brands available in over 200 countries and territories around the world.

As of June 13, Colgate-Palmolive Company (NYSE:CL) has a dividend yield of 2.30%, and the stock has surged by nearly 3% in the past month.