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Colgate Announces Dividend Increase and New $5 Billion Share Repurchase Program

1. Colgate-Palmolive increased its quarterly dividend from $0.50 to $0.52. 2. Annual dividend rate rises to $2.08, reflecting a continued commitment to shareholders.

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FAQ

Why Bullish?

Increasing dividends generally attract more investors, reflecting solid financial health. Historically, consistent dividend growth has positively correlated with stock price appreciation.

How important is it?

A dividend increase signals financial strength and stable cash flow, both crucial for investor confidence. Given Colgate-Palmolive's history of dividend payments, this announcement boosts its reputation in the market.

Why Short Term?

The immediate market reaction will likely be positive as investors react to the dividend increase. However, sustained impacts will depend on future earnings and economic conditions.

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PGCLXKO
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Colgate-Palmolive Company (NYSE:CL) today increased the quarterly common stock cash dividend to $.52 up from $.50 per share. The increase will be effective in the second quarter, 2025. The Board declared that the second quarter dividend is to be paid on May 15, 2025 to shareholders of record as of April 17, 2025. On an annual basis, the new dividend rate is $2.08 vs. $2.00 per share previously. The Company has paid uninterrupted dividends on.

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