11 Companies With A Competitive Advantage For Long-Term Investors

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8. Colgate-Palmolive Company (NYSE:CL)

Colgate-Palmolive Company (NYSE:CL) is another company that has a long history. Since 1806, the company has grown to own some of the most popular households brands like Colgate, Sanex, Teen Spirit, and Palmolive. Its large portfolio of brands is what gives Colgate-Palmolive Company (NYSE:CL) its competitive advantage, although it faces competition from some smaller local and large international producers. Nevertheless, the company has managed to prosper in a highly-competitive industry and even managed to establish itself as a dividend king by consistently increasing its dividends for the last 54 years. It’s also worth mentioning that Colgate-Palmolive has been paying dividends since 1895.

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