NEW YORK--(BUSINESS WIRE)--
The Board of Directors of Colgate-Palmolive Company today increased the
ongoing quarterly common stock cash dividend by 3%. The increase will be
effective in the second quarter, 2016. The new rate of $.39 per share is
up from $.38 per share. The Board declared that the second quarter
dividend is to be paid on May 16, 2016 to shareholders of record as of
April 22, 2016. On an annualized basis, the new dividend rate is $1.56
versus $1.52 per share previously. The Company has paid uninterrupted
dividends on its common stock since 1895.
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About Colgate-Palmolive: Colgate-Palmolive is a leading global consumer
products company, tightly focused on Oral Care, Personal Care, Home Care
and Pet Nutrition. Colgate sells its products in over 200 countries and
territories around the world under such internationally recognized brand
names as Colgate, Palmolive, Softsoap, Irish Spring, Protex, Sorriso,
Kolynos, elmex, Tom's of Maine, Sanex, Ajax, Axion, Soupline, and
Suavitel, as well as Hill's Science Diet, Hill's Prescription Diet and
Hill's Ideal Balance. For more information about Colgate's global
business, visit the Company's website at http://www.colgatepalmolive.com.
To learn more about Colgate's global oral health education program,
Bright Smiles, Bright Futures™, please visit http://www.colgatebsbf.com.
CL-D
View source version on businesswire.com: http://www.businesswire.com/news/home/20160310006417/en/
Colgate-Palmolive
Bina Thompson, 212-310-3072
Hope Spiller,
212-310-2291
Source: Colgate-Palmolive
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