The Board of Directors of Colgate-Palmolive (CL) increased the quarterly common stock cash dividend to 52c up from 50c 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 to shareholders of record as of April 17. On an annual basis, the new dividend rate is $2.08 vs. $2.00 per share previously. The company has paid uninterrupted dividends on its common stock since 1895.
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