Church & Dwight: Caution Is Warranted At These Levels
Church & Dwight (CHD) might be small compared to other consumer staples, but that doesn't mean the company shouldn't be considered by investors. The business has been around since 1846 starting with just the baking soda business that eventually transformed into the Arm & Hammer Brand that is now known so well. Church & Dwight now has bands such as Orajel, OxiClean, Nair, Water Pik, Trojan and others under their control. My wife recently purchased a Water Pik water flosser and I'd venture to guess that we have at least 5 other products from Church & Dwight in our house. The consumable nature of its products as well as its commitment to quality keeps consumers coming back to continue purchase its products. Dividend History As a dividend growth investor I want the companies that I own to satisfy two main requirements: (1) the company meets my own quality standards and, (2) the company pays and grows its dividend payment each year.