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


As per Colgate-Palmolive Company (NYSE:CL) statement on 2016-06-10, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.39 per share as dividend to stakeholders. The record date is set as 2016-07-22, the payout date as 2016-08-15 and the ex-dividend date is 2016-07-20.

Last fiscal Colgate-Palmolive Company (NYSE:CL) disbursed cash dividend of $0.39. A year ago, the payout was $0.39, which indicates a difference of 5.6338%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.39, implying 8.1247% growth.

For the period ended on 2015-12-31, Colgate-Palmolive Company (NYSE:CL)’s earnings came at $0.7 per share compared to EPS of $0.72 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-04. For this quarter, the analysts have earnings estimate of $0.73 per share.

The interim price target for Colgate-Palmolive Company (NYSE:CL) is set at $74.777. This level is the mean price reached by averaging the stock views of 9 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Colgate-Palmolive Company (NYSE:CL) is seen at $83 and the lowest level is established at $70. This broad range highlights a standard deviation of $4.055 in reported estimates.

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