Colgate-Palmolive Announces Dividend Increase of 4% to Reach $0.50 per Share

Thursday, 14 March 2024, 20:38

Colgate-Palmolive (CL) has recently declared a quarterly dividend of $0.50 per share, representing a 4.2% increase from the previous dividend of $0.48. This move underlines the company's commitment to rewarding its shareholders and signals positive growth prospects. The dividend will be payable on May 15th to shareholders, highlighting the company's strong financial position and confidence in its future performance.

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Colgate-Palmolive Dividend Increase Overview:

Colgate-Palmolive (CL) has raised its quarterly dividend by 4.2% to $0.50 per share, up from $0.48 previously.

Key Details:

Dividend Amount: $0.50/share
Percentage Increase: 4.2%
Forward Yield: 2.24%
Payment Date: May 15

This decision emphasizes Colgate-Palmolive's consistent efforts to enhance shareholder value and reflects its optimistic outlook on future earnings and growth prospects.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Colgate-Palmolive Dividend Increase Overview:

Key Details:

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