StockMarketWire.com - Colgate-Palmolive's directors have increased the ongoing quarterly common stock cash dividend by 9%.

The increase will be effective as of the second quarter.

The new rate of $0.58 per share is up from $0.53.

The second quarter dividend will be paid on 16 May to shareholders of record at 26 April.

The company has paid uninterrupted dividends on its common stock since 1895.


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