Colgate-Palmolive Company (NYSE:CL) will begin trading ex-dividend on July 17, 2020. The quarterly dividend payment of $ 0.44 per share is scheduled to be paid on August 14, 2020. Shareholders who purchased CL prior to the ex-dividend date are eligible for the cash dividend payment.
Recent Earnings Announcement
Colgate-Palmolive Company outlined income for the first quarter of $ 0.75 per share, from the revenue of $ 4,097.00 million. The quarterly earnings raised 11.94 percent while revenues increased 5.48 percent compared with the same quarter last year.
Street analysts expected Colgate-Palmolive Company to report income of $ 0.74 per share on revenue of $ 4088.26 million for the first quarter. The bottom line results beat street analysts by $ 0.01 or 1.35 percent, at the same time, top line results outshined analysts by $ 8.74 million or 0.21 percent.
Stock Performance
According to the previous trading day, closing price of CL was $ 74.98, representing a 28.19 % increase from the 52 week low of $ 58.49 and a 3.14 % decrease over the 52 week high of $ 77.41.
The company has a market capital of $ 64.22 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.
