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Colgate-Palmolive Co. a Top Socially Responsible Dividend Stock With 2.2% Yield (CL)
Monday, February 24, 9:20 AM ET, by Market News Video Staff
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Cash Dividend On The Way From Colgate-Palmolive Co. (CL)
By Dividend Channel Staff, Friday, January 18, 10:15 AM ET
On 1/22/13, Colgate-Palmolive Co. (NYSE:CL) will trade ex-dividend, for its quarterly dividend of $0.62, payable on 2/15/13. As a percentage of CL's recent stock price of $108.64, this dividend works out to approximately 0.57%, so look for shares of Colgate-Palmolive Co. to trade 0.57% lower — all else being equal — when CL shares open for trading on 1/22/13.
Below is a dividend history chart for CL, showing historical dividends prior to the most recent $0.62 declared by Colgate-Palmolive Co.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CL is likely to continue, and whether the current estimated yield of 2.28% on annualized basis is a reasonable expectation of annual yield going forward.
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According to the ETF Finder at ETF Channel, CL makes up 3.69% of the Consumer Staples Select Sector SPDR Fund ETF (AMEX:XLP) which is trading relatively unchanged on the day Friday.
See what other ETFs contain CL »
See what other stocks are held by XLP »
In Friday trading, Colgate-Palmolive Co. shares are currently down about 0.3% on the day.
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