Colgate-Palmolive Company (CL) Dividend
Dividend King — 50 consecutive years of dividend increases.
Colgate-Palmolive Company (CL) currently pays a dividend yield of 2.18%, distributing $2.12 per share annually ($0.53 per quarter). The company operates in the Consumer Defensive sector.
CL has raised its dividend for 50 consecutive years, earning it Dividend King status — an elite group of companies with 50 or more years of uninterrupted dividend increases.
CL dividend at a glance
| Dividend Yield | 2.18% |
|---|---|
| Annual Dividend | $2.12 per share |
| Per Payment | $0.53 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | January 20, 2027 |
| Next Payment Date | November 13, 2026 |
| Payout Ratio | 82% |
| Consecutive Years of Dividend Growth | 50 |
| Sector | Consumer Defensive |
| Implied Share Price (from yield) | $97.25 |
What CL pays on a $10,000 investment
At a 2.18% yield, $10,000 invested in CL generates about $218.00 per year, or roughly $54.50 every quarter. Share counts below use an implied price of $97.25, derived from the $2.12 annual dividend and the 2.18% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 10.3 | $21.80 | $5.45 |
| $5,000 | 51.4 | $109.00 | $27.25 |
| $10,000 | 102.8 | $218.00 | $54.50 |
| $25,000 | 257.1 | $545.00 | $136.25 |
| $100,000 | 1,028.3 | $2,180.00 | $545.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
CL dividend payment schedule
CL pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is January 20, 2027, with payment on November 13, 2026. Later rows are projected forward at the same interval and will shift when Colgate-Palmolive Company declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| January 20, 2027 | November 13, 2026 | $0.53 | Confirmed |
| April 20, 2027 | February 11, 2027 | $0.53 | Projected |
| July 20, 2027 | May 13, 2027 | $0.53 | Projected |
| October 20, 2027 | August 13, 2027 | $0.53 | Projected |
To collect a CL dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How CL's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. CL's 2.18% is 1.39 percentage points below that median, ranking 654th of 1000 by yield.
Within Consumer Defensive, where we track 24 names, the median yield is 2.26% — putting CL below its sector.
Its 50-year run of dividend increases ranks 13th out of the 553 names in our data with an active growth streak.
What the numbers mean
CL pays out roughly 82% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
Like most US dividend payers, CL distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
CL dividend FAQ
When is the next CL ex-dividend date?
The next CL ex-dividend date is January 20, 2027, with the payment scheduled for November 13, 2026. You must own shares before the ex-dividend date to receive that payment.
What is CL's dividend yield?
CL currently yields 2.18%, based on $2.12 in dividends per share over the past year.
How often does CL pay dividends?
CL pays quarterly, which works out to 4 payments per year of about $0.53 per share.
How much dividend income would $10,000 of CL generate?
At the current 2.18% yield, $10,000 invested in CL would produce roughly $218.00 per year, or about $54.50 per quarter, before taxes and assuming the dividend holds.
Has CL increased its dividend?
Yes — CL has raised its dividend for 50 consecutive years. That makes it a Dividend King.
CL dividend history
DivTrkr holds 214 recorded CL dividend payments going back to 1973, with 21 consecutive complete years of increases and +3.4% a year of growth over the last five complete years. See the full CL dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Consumer Defensive dividend payers
- UVV — Universal Corporation dividend (8.44%)
- KHC — The Kraft Heinz Company dividend (6.38%)
- BTI — British American Tobacco p.l.c. dividend (5.52%)
- NWL — Newell Brands Inc. dividend (4.89%)
- PEP — PepsiCo, Inc. dividend (4.34%)
- NESN.SW — Nestlé S.A. dividend (3.71%)
- MDLZ — Mondelez International, Inc. dividend (3.28%)
- UL — Unilever PLC dividend (3.07%)
Similar yields to CL
- VYM — Vanguard High Dividend Yield ETF dividend (2.18%)
- C — Citigroup dividend (2.19%)
- CPK — Chesapeake Utilities Corporation dividend (2.19%)
- DJD — Invesco Dow Jones Industrial Average Dividend ETF dividend (2.19%)
- EQIX — Equinix, Inc. dividend (2.17%)
- IYK — iShares US Consumer Staples ETF dividend (2.17%)
Track CL dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.