5 Best April Dividend Stocks To Invest In

2. Colgate-Palmolive Company (NYSE:CL)

Ex-Dividend Date: April 19

Colgate-Palmolive Company (NYSE:CL) is a multinational consumer goods company that specializes in the production of household, healthcare, and personal care products. On March 14, the company declared a 4% hike in its quarterly dividend to $0.50 per share. This marked the company’s 62nd consecutive year of dividend growth, which makes CL one of the best dividend stocks on our list. The stock has a dividend yield of 2.22%, as recorded on March 28.

The number of hedge funds tracked by Insider Monkey owning stakes in Colgate-Palmolive Company (NYSE:CL) grew to 54 in Q4 2023, from 52 in the preceding quarter. The total worth of these stakes is nearly $3 billion.

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