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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 per share. 2. The new annual dividend rate is $2.08, effective Q2 2025.

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$90.2803/20 04:45 PM EDTEvent Start

$90.303/21 11:04 PM EDTLatest Updated
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FAQ

Why Bullish?

Dividend increases typically signal financial health and confidence, improving investor sentiment. A historical example is Procter & Gamble's stock appreciation following similar announcements.

How important is it?

The increase in dividends indicates robust cash flow and long-term company stability, influencing investor decisions. This can make CL stock more attractive to dividend-seeking investors.

Why Short Term?

The short-term positive impact is driven by immediate investor reactions to dividend increases. Investors often respond quickly to dividend news, influencing stock prices rapidly.

Related Companies

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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