Colgate Announces Dividend Increase – Effective 2nd Quarter 2024

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Colgate-Palmolive Company (NYSE:CL) today increased the quarterly common stock cash dividend to $0.50 per share, up from $0.48 per share. The increase will be effective in the second quarter, 2024. The Board declared that the second quarter dividend is to be paid on May 15, 2024 to shareholders of record as of April 22, 2024. On an annualized basis, the new dividend rate is $2.00 versus $1.92 per share previously. The Company has paid uninterrupted divide ...