Colgate-Palmolive Company (NYSE:CL) Updates On Dividend Release Date


On 2016-06-10, Colgate-Palmolive Company (NYSE:CL) confirmed the dividend disbursement of $0.39 a share to shareholders as on record 2016-07-22. The firm will release dividend on 2016-08-15 while ex-dividend date is reported to be 2016-07-20.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Colgate-Palmolive Company (NYSE:CL) paid a total of $0.39 per share in dividends. This figure stood at $0.39 a share in the same period a year ago indicating a deviation of 5.6338%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $74.777 on the stock. This figure is the average of recommendations offered by 9 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $83 and $70, respectively.

Taking the mathematical rating formula, the price for Colgate-Palmolive Company (NYSE:CL) stands at 2.92. Earnings Review Colgate-Palmolive Company (NYSE:CL) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-04. For the period ending on 2016-09-30, experts are expecting EPS of $0.73.

Coming to the quarter ending on 2015-12-31, Colgate-Palmolive Company (NYSE:CL) recorded EPS of $0.7. The reported numbers came lower than the analysts’ estimates of $0.69, demonstrating a miss of $0.01 as against reported figures.

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