Colgate-Palmolive As of April 8, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
CL $1.80 2.3% 2.3% 2.4%
Business yield Hike yrs 5 yr CAGR freq. paid since
Household Products & Pet Foods 2.3% 58 2.9% Quarter 1895
Colgate-Palmolive hikes dividend by 2.3%

Dividend Aristocrat Colgate-Palmolive (CL) will raise its quarterly dividend by 2.3 percent to $0.45 per share in 2021, matching last year's 2.3 percent hike. Last year the consumer products company also hiked its dividend by 2.3 percent, marking the 57th consecutive year of dividend increases.

The increased dividend be paid on May 14, 2021 to shareholders of record as of April 21, 2021. On an annualized basis, the new dividend rate is $1.80 versus $1.76 per share previously. This translates into an estimated yield of 2.4% at a stock price of $75.51 for Colgate.

Colgate-Palmolive Company (Colgate) is a global consumer products company. Colgate operates in two product segments: Oral, Personal and Home Care; and Pet Nutrition. The company's products include toothpaste, toothbrushes, mouthwashes, soap, shower gels, deodorants, dishwashing liquids and pharmaceutical products for dentists and other oral health professionals. The Pet Nutrition segment markets specialty pet nutrition products for dogs and cats. The company’s brands include Colgate, Palmolive, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom's of Maine, Sanex, Ajax, Axion, Soupline, and Suavitel, as well as Hill's Science Diet, Hill's Prescription Diet and Hill's Ideal Balance. Colgate was founded in 1806 and incorporated under the laws of the State of Delaware in 1923. The company has paid uninterrupted dividends on its common stock since 1895.

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Ex-date Ticker Yield YTD hike
Apr 12 AMT 2.1% 2.5%
Apr 14 ATVI 0.5% 14.6%
Apr 14 ABT 1.5% 0.0%
Apr 14 AFG 1.7% 0.0%
Apr 14 FCX 0.9% 0.0%
Apr 14 ACN 1.2% 0.0%
Apr 14 MAA 2.8% 0.0%
Apr 14 ABBV 4.9% 0.0%
Apr 15 EOG 2.1% 0.0%
Apr 15 PKI 0.2% 0.0%