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CL Colgate Palmolive dividend history, payout ratio & dates

Colgate Palmolive's latest quarterly dividend was on Apr 19, 2024 (ex-date) with a payout of $0.5 per share. On an annualized basis, the company has a current payout of $1.94 per share. This brings the dividend yield to 2.19% based on its recent close price. The latest dividend has increased by $0.02, or 4.2% from the prior distribution.

Key dates

  • CL last dividend date: Apr 19, 2024
  • CL next dividend date: Not announced
CL dividend stats
DPS
$1.94
Dividend yield
2.18%
Payout ratio
69.8%
vs. Consumer Defensive sector
Dividend yield
2.28%
Payout ratio
42.3%

Dividend yield

What is Colgate Palmolive current dividend yield

CL has a dividend yield of 2.19% which is below the Consumer Defensive sector, the industry and its peers average. But if we consider its Consumer Defensive sector average of 2.28%, Colgate Palmolive's dividend yield is only 3.9% lower. The current dividend yield is less than the historical average of 2.4% of the last 5 years.

Dividend history

What is CL dividend payout history and dates

Colgate Palmolive has been paying dividends since 1994. CL has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 2.6% for the last twelve months. But with the price of the stock up by 15% from a year ago, the dividend yield has decreased by 11%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Apr 19, 2024 May 15, 2024 Mar 14, 2024 $0.5 normal
Jan 19, 2024 Feb 15, 2024 Jan 11, 2024 $0.48 normal
Oct 20, 2023 Nov 15, 2023 Sep 13, 2023 $0.48 normal
Jul 20, 2023 Aug 15, 2023 Jun 8, 2023 $0.48 normal
Apr 20, 2023 May 15, 2023 Mar 9, 2023 $0.48 normal
Jan 20, 2023 Feb 14, 2023 Jan 12, 2023 $0.47 normal
Oct 20, 2022 Nov 15, 2022 Sep 9, 2022 $0.47 normal
Jul 20, 2022 Aug 15, 2022 Jun 9, 2022 $0.47 normal
Apr 20, 2022 May 13, 2022 Mar 10, 2022 $0.47 normal
Jan 21, 2022 Feb 15, 2022 Jan 13, 2022 $0.45 normal
Oct 20, 2021 Nov 15, 2021 Sep 10, 2021 $0.45 normal
Jul 20, 2021 Aug 16, 2021 Jun 10, 2021 $0.45 normal
Apr 20, 2021 May 14, 2021 Mar 11, 2021 $0.45 normal
Jan 22, 2021 Feb 16, 2021 Jan 14, 2021 $0.44 normal
Oct 22, 2020 Nov 16, 2020 Sep 10, 2020 $0.44 normal
Jul 17, 2020 Aug 14, 2020 Jun 11, 2020 $0.44 normal
Apr 17, 2020 May 15, 2020 Mar 11, 2020 $0.44 normal
Jan 22, 2020 Feb 14, 2020 Jan 9, 2020 $0.43 normal
Oct 22, 2019 Nov 15, 2019 Sep 11, 2019 $0.43 normal
Jul 17, 2019 Aug 15, 2019 Jun 20, 2019 $0.43 normal
Apr 17, 2019 May 15, 2019 Mar 14, 2019 $0.43 normal
Jan 22, 2019 Feb 15, 2019 Jan 10, 2019 $0.42 normal
Oct 18, 2018 Nov 15, 2018 Sep 13, 2018 $0.42 normal
Jul 17, 2018 Aug 15, 2018 Jun 18, 2018 $0.42 normal
Apr 19, 2018 May 15, 2018 Mar 7, 2018 $0.42 normal
Jan 22, 2018 Feb 15, 2018 Jan 11, 2018 $0.4 normal
Oct 20, 2017 Nov 15, 2017 Sep 26, 2017 $0.4 normal
Jul 14, 2017 Aug 15, 2017 Jun 8, 2017 $0.4 normal
Apr 19, 2017 May 15, 2017 Mar 9, 2017 $0.4 normal
Jan 19, 2017 Feb 15, 2017 Jan 12, 2017 $0.39 normal
Oct 20, 2016 Nov 15, 2016 Sep 8, 2016 $0.39 normal
Jul 20, 2016 Aug 15, 2016 Jun 9, 2016 $0.39 normal
Apr 20, 2016 May 16, 2016 Mar 10, 2016 $0.39 normal
Jan 21, 2016 Feb 16, 2016 Jan 14, 2016 $0.38 normal
Oct 21, 2015 Nov 16, 2015 Sep 10, 2015 $0.38 normal
Jul 21, 2015 Aug 14, 2015 Jun 11, 2015 $0.38 normal

Colgate Palmolive dividend payout ratio

What is Colgate Palmolive dividend payout ratio compared to the sector

Payout ratio

CL has a payout ratio of 69.8% which is higher than the Consumer Defensive sector and the industry average. In comparison with the Consumer Defensive sector average of 42.3%, Colgate Palmolive's payout ratio is 65% higher.

Total amount of dividends paid per financial year (from cash flow)

CL dividend vs peer dividends

How does CL dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
KMB Kimberly Clark Corp 3.45% $4.76 87%
CLX Clorox Co 3.25% $4.8 750%
PG PROCTER & GAMBLE Co 2.36% $3.83 60.9%
CL Colgate Palmolive Co 2.18% $1.94 69.8%
CHD Church & Dwight Co Inc 1.03% $1.1 35.6%

Frequently asked questions

Does Colgate Palmolive pay a dividend?

Yes, Colgate Palmolive has been paying dividends for the last 30 years.

When is Colgate Palmolive's next dividend?

At this point we don't have a record of CL's next dividend date, but based on the current dividend schedule we project that it will likely be in July 2024.

When was CL's last dividend?

Colgate Palmolive's last dividend ex-date was on Apr 19, 2024. The dividend amount was $0.5 per share.

How much dividend does Colgate Palmolive pay (per share)?

CL's annualized dividend per share is $1.94.

What is Colgate Palmolive's dividend yield?

Currently Colgate Palmolive's dividend yield is 2.19%.

How often does Colgate Palmolive pay dividends?

Colgate Palmolive pays four dividends per year.

What is Colgate Palmolive's dividend payout ratio?

Colgate Palmolive's dividend payout ratio is 69.8%.

Does Colgate Palmolive pay a good dividend?

Colgate Palmolive's dividend yield is similar to the Consumer Defensive sector average.