Church & Dwight Co. (CHD) will raise its quarterly dividend by 5.5 percent to $0.24 per share in the first quarter of 2020. This marks the 24th consecutive year of dividend increases by the household products company.

The quarterly dividend will be payable March 1, 2019 to stockholders of record at the close of business on February 15, 2019. A new annualized dividend rate of 96 cents per share yields 1.2% at a stock price of $74.22.

Church & Dwight Co., Inc. manufactures and markets a range of personal care, household and specialty products. The company is a producer of sodium bicarbonate, popularly known as baking

soda, a natural product that cleans, deodorizes, leavens and buffers. Its brands include Arm & Hammer, Oxiclean, Trojan and L'il Critters and Vitafusion, among others. The Company also sells specialty products to industrial customers and distributors. The company’s Consumer International segment markets a range of personal care products, household and over-the-counter products in international markets, including Canada, France, China, Australia, the United Kingdom, Mexico and Brazil. The Church & Dwight Co., Inc. was founded in 1846 and has paid a regular consecutive quarterly dividend since 1901.