Colgate-Palmolive Keeps Steady Dividend Payout
Colgate-Palmolive 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.
The article Colgate-Palmolive Keeps Steady Dividend Payout originally appeared on Fool.com.Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.