{"id":828319,"date":"2025-03-20T16:38:09","date_gmt":"2025-03-20T20:38:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/colgate-announces-dividend-increase-and-new-5-billion-share-repurchase-program\/"},"modified":"2025-03-20T16:38:09","modified_gmt":"2025-03-20T20:38:09","slug":"colgate-announces-dividend-increase-and-new-5-billion-share-repurchase-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/colgate-announces-dividend-increase-and-new-5-billion-share-repurchase-program\/","title":{"rendered":"Colgate Announces Dividend Increase and New $5 Billion Share Repurchase Program"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Colgate Announces Dividend Increase <\/b><b>and New $5 Billion Share Repurchase Program<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe Board of Directors of Colgate-Palmolive Company (NYSE:CL) today increased the quarterly common stock cash dividend to $.52 up from $.50 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, 2025 to shareholders of record as of April 17, 2025. 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.\n<\/p>\n<p><b>Share Repurchase Program<\/b><\/p>\n<p>\nThe Board of Directors today also authorized the repurchase of shares of the Company&#8217;s common stock having an aggregate purchase price of up to $5 billion under a new share repurchase program, which replaced the Company&#8217;s previous $5 billion share repurchase program authorized in 2022. Repurchases under the new program will be made from time to time in open market or privately negotiated transactions at the Company\u2019s discretion and in accordance with requirements of the Securities and Exchange Commission. The Company will commence the repurchase of shares of the Company\u2019s common stock under the new program after March 20, 2025. As of January 31, 2025, the Company had approximately 812 million shares of common stock outstanding.\n<\/p>\n<p>\nThis dividend increase and the new share repurchase program reflect a continuation of the Company&#8217;s long history of consistently returning cash to shareholders.\n<\/p>\n<p class=\"bwalignc\">\n* * *\n<\/p>\n<p>\nColgate-Palmolive Company is a caring, innovative growth company that is reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, we sell our products in more than 200 countries and territories under brands such as Colgate, Palmolive, elmex, hello, meridol, Sorriso, Tom\u2019s of Maine, EltaMD, Filorga, Irish Spring, Lady Speed Stick, PCA SKIN, Protex, Sanex, Softsoap, Speed Stick, Ajax, Axion, Fabuloso, Murphy, Soupline and Suavitel, as well as Hill\u2019s Science Diet and Hill\u2019s Prescription Diet. We are recognized for our leadership and innovation in promoting sustainability and community wellbeing, including our achievements in decreasing plastic waste and promoting recyclability, saving water, conserving natural resources and improving children\u2019s oral health through the Colgate Bright Smiles, Bright Futures program, which has reached approximately 1.8 billion children and their families since 1991. For more information about Colgate\u2019s global business and how we are building a future to smile about, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.colgatepalmolive.com&amp;esheet=54226900&amp;newsitemid=20250320374072&amp;lan=en-US&amp;anchor=www.colgatepalmolive.com&amp;index=1&amp;md5=a8354bae89e96f293246d98e78f6e63c\">www.colgatepalmolive.com<\/a>. CL-D, CL-C\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250320374072r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250320374072\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250320374072\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Relations: <a rel=\"nofollow\" href=\"mailto:investor_relations@colpal.com\">investor_relations@colpal.com<br \/>\n<\/a><br \/>Communications: <a rel=\"nofollow\" href=\"mailto:colgate_palmolive_media_inquiry@colpal.com\">colgate_palmolive_media_inquiry@colpal.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Home Goods Veterinary General Health Health Supermarket Dental Retail Other Health<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Colgate Announces Dividend Increase and New $5 Billion Share Repurchase Program NEW YORK&#8211;(BUSINESS WIRE)&#8211; The Board of Directors of Colgate-Palmolive Company (NYSE:CL) today increased the quarterly common stock cash dividend to $.52 up from $.50 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, 2025 to shareholders of record as of April 17, 2025. 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. Share Repurchase Program The Board of Directors today also authorized the repurchase of shares of the Company&#8217;s common stock having an &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/colgate-announces-dividend-increase-and-new-5-billion-share-repurchase-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Colgate Announces Dividend Increase and New $5 Billion Share Repurchase Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-828319","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Colgate Announces Dividend Increase and New $5 Billion Share Repurchase Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/colgate-announces-dividend-increase-and-new-5-billion-share-repurchase-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Colgate Announces Dividend Increase and New $5 Billion Share Repurchase Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Colgate Announces Dividend Increase and New $5 Billion Share Repurchase Program NEW YORK&#8211;(BUSINESS WIRE)&#8211; The Board of Directors of Colgate-Palmolive Company (NYSE:CL) today increased the quarterly common stock cash dividend to $.52 up from $.50 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, 2025 to shareholders of record as of April 17, 2025. 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. Share Repurchase Program The Board of Directors today also authorized the repurchase of shares of the Company&#8217;s common stock having an &hellip; Continue reading &quot;Colgate Announces Dividend Increase and New $5 Billion Share Repurchase Program&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/colgate-announces-dividend-increase-and-new-5-billion-share-repurchase-program\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-20T20:38:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250320374072r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/colgate-announces-dividend-increase-and-new-5-billion-share-repurchase-program\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/colgate-announces-dividend-increase-and-new-5-billion-share-repurchase-program\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Colgate Announces Dividend Increase and New $5 Billion Share Repurchase Program\",\"datePublished\":\"2025-03-20T20:38:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/colgate-announces-dividend-increase-and-new-5-billion-share-repurchase-program\\\/\"},\"wordCount\":451,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/colgate-announces-dividend-increase-and-new-5-billion-share-repurchase-program\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250320374072r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/colgate-announces-dividend-increase-and-new-5-billion-share-repurchase-program\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/colgate-announces-dividend-increase-and-new-5-billion-share-repurchase-program\\\/\",\"name\":\"Colgate Announces Dividend Increase and New $5 Billion Share Repurchase Program - 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