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How Much Has Colgate-Palmolive Increased Its Dividend?


Dec. 4 2020, Updated 10:52 a.m. ET

Price movement of Colgate-Palmolive

Colgate-Palmolive (CL) has a market capitalization of $60.9 billion. CL rose by 0.37% to close at $68.23 per share as of March 10, 2016. The stock’s price movements on a weekly, monthly, and year-to-date (or YTD) basis are 0.92%, 3.6%, and 3.0%, respectively.

Currently, CL is trading 2.1% above its 20-day moving average, 4.1% above its 50-day moving average, and 4.5% above its 200-day moving average.

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The iShares Russell 1000 Growth ETF (IWF) invests 0.49% of its holdings in Colgate-Palmolive. The ETF tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with the highest growth characteristics, based on Russell’s style methodology. The YTD price movement of IWF was -3.8% as of March 9, 2016.

The market capitalizations of Colgate-Palmolive’s competitors are as follows:

  • The Procter & Gamble Company (PG) — $222.5 billion
  • The Clorox Company (CLX) — $16.3 billion
  • Church & Dwight Co. (CHD) — $11.7 billion

Colgate-Palmolive increased its quarterly dividend

Colgate-Palmolive has increased the quarterly common stock cash dividend by 3%. The company has declared a new quarterly dividend of $0.39 per share on its common stock. The dividend will be paid on May 16, 2016, to shareholders on record at the close of business on April 22, 2016.

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Performance of Colgate-Palmolive in 4Q15 and 2015

Colgate-Palmolive reported 4Q15 net sales of $3,899.0 million, a fall of 7.6% compared to net sales of $4,221.0 million in 4Q14. Oral, personal, and home care sales of Latin America, North America, Europe and the South Pacific, Asia, and Africa and Eurasia fell by 11.9%, 1.2%, 14.3%, 4.8%, and 16.4%, respectively, in 4Q15 compared to 4Q14.

The company’s net income and EPS (earnings per share) fell to -$458.0 million and -$0.51, respectively, in 4Q15, compared to $628.0 million and $0.68, respectively, in 4Q14.

2015 results

In 2015, CL reported net sales of $16,034.0 million, a fall of 7.2% YoY (year-over-year). Its net income and EPS fell to $1,384.0 million and $1.52, respectively, in 2015, compared to $2,180.0 million and $2.36, respectively, in 2014.

Meanwhile, its cash and cash equivalents and inventories fell by 10.9% and 14.6%, respectively, in 2015.

The price-to-earnings and price-to-sales ratios of Colgate-Palmolive are 45.2x and 3.8x, respectively, as of March 10, 2016.

For ongoing analysis, you can visit Market Realist’s Consumer Discretionary page.


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