Dividend Details
Calculate CL Dividend Income
Quick Facts
- Yield: 2.3%
- Frequency: Quarterly
- Sector: Consumer Staples
- Streak: 61 years
About Colgate-Palmolive
Colgate-Palmolive is a Dividend Aristocrat with 61 consecutive years of dividend increases.
61 consecutive years of dividend increases, — the company has raised its payout through recessions, rate hikes, and market downturns alike.
CL Dividend FAQ
What is CL's current dividend yield and payout?
CL currently yields 2.3% annually, paying $2.02 per share per year based on a share price of $88.00. This translates to $0.5050 per share per quarter.
How often does CL pay dividends?
CL distributes dividends quarterly, following the standard schedule of most S&P 500 companies. Quarterly payments typically arrive in March, June, September, and December, though exact dates vary. Each payment is approximately $0.5050 per share.
How much does $10,000 invested in CL pay in dividends?
A $10,000 investment in CL at $88.00 per share buys approximately 113 shares. At the current 2.3% yield, this generates approximately $230 per year, or $19 per month in dividend income before taxes.
How long has CL been increasing dividends?
CL has increased its dividend for 61 consecutive years, qualifying as a Dividend King — one of only ~50 companies with 50+ years of unbroken dividend growth. This places CL among the most reliable income investments in existence.
Is CL's dividend sustainable?
With 61 years of consecutive increases through recessions and market crises, CL has one of the strongest dividend safety profiles in the market.
CL Dividend Investing Guide
Colgate-Palmolive (CL) represents a compelling opportunity for dividend investors seeking balanced yield and growth in their portfolios. As a consumer staples sector stock, CL offers exposure to essential consumer goods that remain in demand regardless of economic conditions.
As a Dividend Aristocrat with 61 consecutive years of dividend increases, CL has raised its dividend through multiple recessions, rate cycles, and market crashes over those 61 years. That kind of track record comes from management teams that prioritize the payout and have the earnings power to back it up.
To maximize returns from CL dividends, consider strategies like dividend reinvestment (DRIP) to compound growth over time, tax-efficient account placement for qualified dividends, and portfolio diversification across sectors and payment schedules. Use our DRIP calculator to project long-term growth or our tax calculator to estimate after-tax income from your CL investment.