This Dividend King is available to investors at a once-in-a-decade valuation.

First things first, most Dividend Kings (stocks that have increased dividends for at least 50 years in a row) won't provide investors with multibagger returns anytime soon.

In fact, they may struggle to keep pace with the market as a whole -- particularly when it is making a run like it has been so far in 2025. However, with the market tiptoeing around in "bubble-y" territory , the stability and passive income provided by certain Dividend Kings can serve as a refuge for investors seeking safer options.

This idea is especially true when the Dividend King in question is available to buy at a once-in-a-decade valuation, which is the case for consumer goods juggernaut Colgate-Palmolive ( CL -0.15% )

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