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Thursday, February 24, 2011

Colgate-Palmolive (CL) Increases Quarterly Dividend 9% to $0.58

Colgate-Palmolive Company (NYSE: CL) has declared a quarterly dividend of $0.58 per common share, $2.32 annualized. The dividend is a 9% increase from the current rate of $0.53.

The dividend is to be paid on May 16, 2011 to shareholders of record as of April 26, 2011. The ex-dividend date is April 22, 2011.

Yield on the dividend is 3%.

Disclosure none.

1 comment:

  1. Now here is a really fine company the giant company has been around a long time this consumer staples company will most likely be around for a long long time. It would be interesting to see how many times they have increased their dividend in a row yearly that is. I would think they have an excellent track record of increasing their dividend consistently every year.

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