Colgate-Palmolive Hikes Quarterly Dividend By 3% To 39 Cents

By Sue ChangMarketWatch Pulse

Colgate-Palmolive Co. late Thursday said its board approved raising the company's dividend to 39 cents a share from 38 cents a share starting in the second quarter. The dividend will be paid on May 16 to shareholders of record as of April 22. This boosts the full-year dividend to $1.56 from $1.52.

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