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 2.17% based on its recent close price. The latest dividend has increased by $0.02, or 4.2% from the prior distribution.
CL has a dividend yield of 2.17% which is below the Consumer Defensive sector, the industry and its peers average. If we compare it with its Consumer Defensive sector average of 2.29%, Colgate Palmolive's dividend yield is 5% lower. The current dividend yield is less than the historical average of 2.4% of the last 5 years.
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%.
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 |
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 42.2%, Colgate Palmolive's payout ratio is 65% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
KMB Kimberly Clark Corp | 3.52% | $4.76 | 87% |
CLX Clorox Co | 3.27% | $4.8 | 750% |
PG PROCTER & GAMBLE Co | 2.38% | $3.83 | 60.9% |
CL Colgate Palmolive Co | 2.15% | $1.94 | 69.8% |
CHD Church & Dwight Co Inc | 1.03% | $1.1 | 35.6% |
Yes, Colgate Palmolive has been paying dividends for the last 30 years.
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.
Colgate Palmolive's last dividend ex-date was on Apr 19, 2024. The dividend amount was $0.5 per share.
CL's annualized dividend per share is $1.94.
Currently Colgate Palmolive's dividend yield is 2.17%.
Colgate Palmolive pays four dividends per year.
Colgate Palmolive's dividend payout ratio is 69.8%.
Colgate Palmolive's dividend yield is less than the Consumer Defensive sector average.