Colgate Declares Regular Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Colgate-Palmolive (NYSE: CL) declared a quarterly cash dividend of $0.50 per common share. This dividend is payable on August 15, 2024, to shareholders of record as of July 19, 2024. Colgate-Palmolive has consistently paid dividends since 1895.

Colgate-Palmolive operates in over 200 countries, focusing on Oral, Personal, Home Care, and Pet Nutrition products. Its brands include Colgate, Palmolive, Hill’s Science Diet, and many more. The company is committed to sustainability and community well-being, as demonstrated by its efforts in reducing plastic waste, conserving water, and improving children's oral health.

For more details, visit their official website or refer to the press release on BusinessWire.

Positive

• Colgate-Palmolive declared a quarterly cash dividend of $0.50 per share, indicating stable financial health.
• Consistent dividend payments since 1895 reflect long-term reliability.
• Operating in over 200 countries shows extensive market reach and brand recognition.
• Focus on sustainability and community well-being can enhance the company's public image and social responsibility credentials.

Negative

• The press release lacks specific information about recent financial performance, which may leave investors seeking more detailed insights.
• No mention of revenue growth or profit margins could be a concern for potential investors.

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Colgate-Palmolive Company (NYSE:CL) today declared a quarterly cash dividend of $0.50 per common share, payable on August 15, 2024, to shareholders of record on July 19, 2024. The Company has paid uninterrupted dividends on its common stock since 1895.

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Colgate-Palmolive Company is a caring, innovative growth company that is reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, we sell our products in more than 200 countries and territories under brands such as Colgate, Palmolive, elmex, hello, meridol, Sorriso, Tom’s of Maine, EltaMD, Filorga, Irish Spring, Lady Speed Stick, PCA SKIN, Protex, Sanex, Softsoap, Speed Stick, Ajax, Axion, Fabuloso, Murphy, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. We are recognized for our leadership and innovation in promoting sustainability and community wellbeing, including our achievements in decreasing plastic waste and promoting recyclability, saving water, conserving natural resources and improving children’s oral health through the Colgate Bright Smiles, Bright Futures program, which has reached approximately 1.7 billion children and their families since 1991. For more information about Colgate’s global business and how we are building a future to smile about, visit www.colgatepalmolive.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240611719457/en/

Investor Relations: investor_relations@colpal.com

Communications: colgate_palmolive_media_inquiry@colpal.com

Source: Colgate-Palmolive Company

FAQ

When is the Colgate (CL) dividend payment date?

The Colgate (CL) quarterly dividend payment date is August 15, 2024.

What is the dividend amount for Colgate (CL) in the announced period?

The dividend amount for Colgate (CL) is $0.50 per common share.

When do you need to be a shareholder to receive the Colgate (CL) dividend?

You need to be a shareholder by July 19, 2024, to receive the Colgate (CL) dividend.

How long has Colgate (CL) been paying dividends?

Colgate (CL) has been paying uninterrupted dividends since 1895.

In how many countries does Colgate-Palmolive operate?

Colgate-Palmolive operates in more than 200 countries and territories.