Colgate-Palmolive Company (NYSE:CL) will begin trading ex-dividend on October 22, 2020. The quarterly dividend payment of $ 0.44 per share is scheduled to be paid on November 16, 2020. The dividend yield based on the latest trading day closing price was 2.21 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Colgate-Palmolive Company recently reported second quarter financial results on July 31, 2020, before market open, manufacturer of consumer products worldwide outlined income for the second quarter of $ 0.74 per share, from the revenue of $ 3,897.00 million. The quarterly earnings grew 2.78 percent while revenues swell 0.80 percent compared with the same quarter last year.
Wall street analysts are predicting, CL to report 2Q20 income of $ 0.69 per share from revenue of $ 3780.68 million. The bottom line results beat street analysts by $ 0.05 or 7.25 percent, at the same time, top line results outshined analysts by $ 116.32 million or 3.08 percent.
Stock Performance
Shares of Colgate-Palmolive Company traded low $ -0.15 or -0.19 percent on Thursday, reaching $ 79.71 with volume of 2.49 million shares. Colgate-Palmolive Company has traded high as $ 80.14 and has cracked $ 79.28 on the downward trend
According to the previous trading day, closing price of $ 79.71, representing a 36.54 % increase from the 52 week low of $ 58.49 and a 1.4 % decrease over the 52 week high of $ 80.99.
The company has a market capital of $ 68.34 billion and is part of the Consumer Defensive sector and Household & Personal Products industry.
Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products worldwide. The company operates through two segments, Oral, Personal and Home Care; and Pet Nutrition. It offers oral care products, including toothpastes, toothbrushes, and mouthwashes, as well as pharmaceutical products for dentists and other oral health professionals; and personal care products, such as liquid hand soaps, bar soaps, shower gels, deodorants and antiperspirants, skin care products, and shampoos and conditioners.
