
Colgate-Palmolive Company
CL52 yrs growthConsumer Defensive · Household & Personal Products · Stock · quarterly payer
Forward Yield
2.25%
Annual Dividend
$2.12
Payout Ratio
82%
5-Yr Growth
3.3%
Ex-Date
Oct 20, 2026
Frequency
Quarterly
Key facts about CL's dividend
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, Colgate-Palmolive Company (CL) has a forward dividend yield of 2.25%, based on an annual dividend of $2.12 per share and a share price of $94.11.
- As of Oct 19, 2026, CL's dividend safety grade from SmarterDividends is A (88 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Colgate-Palmolive Company (CL) has raised its dividend for 52 consecutive years as of Oct 19, 2026, which makes it a Dividend King. The company's own count can be longer, because SmarterDividends' payment records for most companies begin around 1970.
- CL has never cut its regular dividend in the payment history SmarterDividends has on record.
- CL's next ex-dividend date is Oct 20, 2026, with payment on Nov 13, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 19, 2026, CL pays out 82% of its trailing 12-month earnings as dividends (its payout ratio).
- CL's dividend has grown at an average rate of 3.3% a year over the past five years.
- As of Oct 19, 2026, SmarterDividends' blended fair-value estimate for CL is $73.57 per share, 22% below the $94.11 share price, so CL screens as overvalued.
- Colgate-Palmolive Company (CL) pays its dividend quarterly, 4 times a year.
- Colgate-Palmolive Company (CL) has raised its regular dividend 43 times and cut it 0 times across the 213 payments on record since 1973. Its most recent change was a 1.9% increase to $0.530 per share, going ex-dividend on Apr 20, 2026.
- Colgate-Palmolive (CL) has declared its first higher dividend of the year in March in 5 of the last 5 years; its most recent raise, 1.9%, was declared on Mar 12, 2026.
Cite this page
SmarterDividends, "CL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 19, 2026, https://smarterdividends.com/stocks/CL
Summary
As of Oct 19, 2026, Colgate-Palmolive Company (CL) yields 2.25% ($2.12 a year per share), has a dividend safety grade of A (88/100) and has 52 consecutive years of dividend increases on record.
Is CL a good dividend stock?
YesColgate-Palmolive Company (CL) pays a quarterly dividend yielding 2.25% ($2.12/yr), with 52 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend King — 52 straight years of increases
- Never cut its dividend on record
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.25%
- Payout Ratio
- 82%
- Annual Dividend
- $2.12
- 5-Yr Avg Growth
- 3.3%
- Ex-Dividend Date
- Oct 20, 2026
- Years of Growth
- 52
- Frequency
- quarterly
- Beta
- 0.32
- Market Cap
- $75.0B
- P/E Ratio
- 37.1
- 5-Yr Total Return
- 25%
- 52-Week Range
- $74.55 – $99.33
- Dividend Safety
- A · 88/100
- Ever Cut?
- No
CL dividend raises and cuts
Colgate-Palmolive Company (CL) has raised its regular dividend 43 times and cut it 0 times across the 213 payments on record since 1973. Its most recent change was a 1.9% increase to $0.530 per share, going ex-dividend on Apr 20, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Apr 20, 2026 | Raise | $0.520 → $0.530 | +1.9% |
| Apr 17, 2025 | Raise | $0.500 → $0.520 | +4.0% |
| Apr 19, 2024 | Raise | $0.480 → $0.500 | +4.2% |
| Apr 20, 2023 | Raise | $0.470 → $0.480 | +2.1% |
| Apr 20, 2022 | Raise | $0.450 → $0.470 | +4.4% |
| Apr 20, 2021 | Raise | $0.440 → $0.450 | +2.3% |
| Apr 17, 2020 | Raise | $0.430 → $0.440 | +2.3% |
| Apr 17, 2019 | Raise | $0.420 → $0.430 | +2.4% |
| Apr 19, 2018 | Raise | $0.400 → $0.420 | +5.0% |
| Apr 19, 2017 | Raise | $0.390 → $0.400 | +2.6% |
| Apr 20, 2016 | Raise | $0.380 → $0.390 | +2.6% |
| Apr 21, 2015 | Raise | $0.360 → $0.380 | +5.6% |
Show all 43 changes since 1974
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Apr 17, 2014 | Raise | $0.340 → $0.360 | +5.9% |
| Apr 19, 2013 | Raise | $0.310 → $0.340 | +9.7% |
| Apr 20, 2012 | Raise | $0.290 → $0.310 | +6.9% |
| Apr 21, 2011 | Raise | $0.265 → $0.290 | +9.4% |
| Apr 22, 2010 | Raise | $0.220 → $0.265 | +20.5% |
| Apr 22, 2009 | Raise | $0.200 → $0.220 | +10.0% |
| Apr 22, 2008 | Raise | $0.180 → $0.200 | +11.1% |
| Apr 20, 2007 | Raise | $0.160 → $0.180 | +12.5% |
| Apr 20, 2006 | Raise | $0.145 → $0.160 | +10.3% |
| Apr 22, 2005 | Raise | $0.120 → $0.145 | +20.8% |
| Apr 23, 2003 | Raise | $0.0900 → $0.120 | +33.3% |
| Jul 24, 2001 | Raise | $0.0790 → $0.0900 | +13.9% |
| Jul 22, 1999 | Raise | $0.0688 → $0.0790 | +14.9% |
| Apr 23, 1997 | Raise | $0.0588 → $0.0688 | +17.0% |
| Jul 21, 1995 | Raise | $0.0513 → $0.0588 | +14.6% |
| Jul 19, 1994 | Raise | $0.0450 → $0.0513 | +13.9% |
| Jul 20, 1993 | Raise | $0.0388 → $0.0450 | +16.1% |
| Jul 21, 1992 | Raise | $0.0331 → $0.0388 | +17.0% |
| Apr 19, 1991 | Raise | $0.0281 → $0.0331 | +17.8% |
| Oct 19, 1989 | Raise | $0.0231 → $0.0281 | +21.6% |
| Oct 20, 1987 | Raise | $0.0213 → $0.0231 | +8.8% |
| Oct 21, 1985 | Raise | $0.0200 → $0.0213 | +6.3% |
| Apr 19, 1983 | Raise | $0.0188 → $0.0200 | +6.7% |
| Oct 20, 1981 | Raise | $0.0175 → $0.0188 | +7.1% |
| Oct 21, 1980 | Raise | $0.0169 → $0.0175 | +3.7% |
| Jan 19, 1979 | Raise | $0.0156 → $0.0169 | +8.0% |
| Jul 19, 1977 | Raise | $0.0138 → $0.0156 | +13.6% |
| Jul 20, 1976 | Raise | $0.0119 → $0.0138 | +15.8% |
| Oct 20, 1975 | Raise | $0.0106 → $0.0119 | +11.8% |
| Oct 21, 1974 | Raise | $0.0093 → $0.0106 | +14.9% |
| Apr 19, 1974 | Raise | $0.0084 → $0.0093 | +9.6% |
Frequently Asked Questions
Is CL a good dividend stock?
Yes. Colgate-Palmolive Company (CL) pays a quarterly dividend yielding 2.25% ($2.12/yr), with 52 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is CL undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CL's fair value is about $73.57 versus a $94.11 share price — so it looks overvalued (-22% vs. fair value).
Is CL's dividend safe?
CL has a dividend-safety grade of A (88/100), based on its payout coverage, free-cash-flow, 52-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is CL's fair value?
Our blended fair-value estimate for CL is about $73.57 per share, about 22% below the current $94.11 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is CL a buy, hold, or sell?
We don't issue formal ratings, but on the data CL screens as "yes" and overvalued. Colgate-Palmolive Company (CL) pays a quarterly dividend yielding 2.25% ($2.12/yr), with 52 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will CL cut its dividend?
CL earns a dividend-safety grade of A (88/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does CL pay a dividend?
Yes. Colgate-Palmolive Company pays a quarterly dividend of about $2.12 per share annually, a forward yield of roughly 2.25%.
What is CL's dividend yield?
As of Oct 19, 2026, CL's forward dividend yield is 2.25%, based on a $2.12 annual dividend and a $94.11 share price.
What is CL's dividend per share?
As of Oct 19, 2026, CL pays $2.12 per share per year, distributed on a quarterly basis.
What is CL's dividend payout ratio?
As of Oct 19, 2026, CL's payout ratio is 82% of trailing 12-month earnings — a moderate level that's generally sustainable.
How many years has CL grown its dividend?
As of Oct 19, 2026, CL has increased its dividend for 52 consecutive years.
When is the next CL ex-dividend date?
As of Oct 19, 2026, the next ex-dividend date on record for CL is Oct 20, 2026.
CL Price — Last 12 Months
Daily close
Price Return
1 Year
+17%
3 Years
+19%
5 Years
+25%
52-Week Range
$74.55 – $99.33
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CL worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Colgate-Palmolive Company is $73.57 per share, versus a market price of $94.11. That implies 22% of downside.
Fair Value
$73.57
Current Price
$94.11
Downside
-22%
Margin of Safety
-28%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 6.8% annual free-cash-flow growth. We model 7.5% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 7.5% growth for five years fading to 2.5% over the next five, $2.54 EPS, $2.12 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CL Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full CL dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 20, 2026 | Aug 14, 2026 | $0.5300 | regular |
| Apr 20, 2026 | May 15, 2026 | $0.5300 | regular |
| Jan 21, 2026 | Feb 13, 2026 | $0.5200 | regular |
| Oct 17, 2025 | Nov 14, 2025 | $0.5200 | regular |
| Jul 18, 2025 | Aug 15, 2025 | $0.5200 | regular |
| Apr 17, 2025 | May 15, 2025 | $0.5200 | regular |
| Jan 21, 2025 | Feb 14, 2025 | $0.5000 | regular |
| Oct 18, 2024 | Nov 15, 2024 | $0.5000 | regular |
| Jul 19, 2024 | Aug 15, 2024 | $0.5000 | regular |
| Apr 19, 2024 | May 15, 2024 | $0.5000 | regular |
| Jan 19, 2024 | Feb 15, 2024 | $0.4800 | regular |
| Oct 20, 2023 | Nov 15, 2023 | $0.4800 | regular |
| Jul 20, 2023 | Aug 15, 2023 | $0.4800 | regular |
| Apr 20, 2023 | May 15, 2023 | $0.4800 | regular |
Income Calculator
At $2.12 / yr per share
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