Colgate-Palmolive Keeps Steady Dividend Payout

Colgate-Palmolive (NYSE: CL  ) plans to pay investors a dividend of $0.34 per share this quarter.

The personal care giant has paid this amount since May 2013, after upping its payout from $0.31 per share, a 9.6% increase. Colgate's most recent dividend will be payable on Nov. 15 to shareholders of record as of Oct. 22.

Annualized, Colgate's dividend adds to $1.36 per share of common stock. At the market's close on Sept. 12, the company's stock was trading at $59.28, which means its dividend currently yields 2.2%. Colgate has paid uninterrupted dividends on its common stock since 1895 and increased payments to common shareholders every year for 50 years.

CL Dividend Chart

CL Dividend data by YCharts

link


Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2636614, ~/Articles/ArticleHandler.aspx, 8/23/2014 2:16:25 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement