Current Yield
2.25%
TTM Dividend/Share
$2.09
Payment Frequency
Quarterly
Payout Ratio
81.2%
Consecutive Growth Years
53 (Dividend King)
Key takeaways
- Dividend King — Colgate-Palmolive (CL) has raised its dividend for 53 consecutive years.
- Colgate-Palmolive (CL) currently yields 2.25%, paying $2.09 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 81.2% — the share of earnings distributed as dividends.
- 6 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 3.32% (growth is accelerating).
Dividend yield valuation for Colgate-Palmolive (CL)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Near average — fair value |
Current yield (now) | 2.25% |
1-year average yield | 2.85%now 0.60 pp below |
3-year average yield | 2.64%now 0.39 pp below |
5-year average yield | 2.56%now 0.31 pp below |
CL: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for Colgate-Palmolive (CL)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 5.6% |
FCF payout ratio | 11.1% |
Net debt / EBITDA | 1.7x |
Interest coverage | 16.70x |
ROIC (TTM) | 26.2% |
Dividend safety score for Colgate-Palmolive (CL)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
6 of 8 checks passed
Payout ratio below 75%
Payout ratio is 81.2%, above the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $1.9B — FCF fully covers the payout.
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
53 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 11.1%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 1.7x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (3.3%) exceeds EPS growth (1.5%) — payout ratio expanding.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
213 payments from 1973 to 2026 · Adj. Dividend is split-adjusted
| Jul 20, 2026 | Aug 14, 2026 | $0.5300 | $0.5300 |
| Apr 20, 2026 | May 15, 2026 | $0.5300 | $0.5300 |
| Jan 21, 2026 | Feb 13, 2026 | $0.5200 | $0.5200 |
| Oct 17, 2025 | Nov 14, 2025 | $0.5200 | $0.5200 |
| Jul 18, 2025 | Aug 15, 2025 | $0.5200 | $0.5200 |
| Apr 17, 2025 | May 15, 2025 | $0.5200 | $0.5200 |
| Jan 21, 2025 | Feb 14, 2025 | $0.5000 | $0.5000 |
| Oct 18, 2024 | Nov 15, 2024 | $0.5000 | $0.5000 |
| Jul 19, 2024 | Aug 15, 2024 | $0.5000 | $0.5000 |
| Apr 19, 2024 | May 15, 2024 | $0.5000 | $0.5000 |
| Jan 19, 2024 | Feb 15, 2024 | $0.4800 | $0.4800 |
| Oct 20, 2023 | Nov 15, 2023 | $0.4800 | $0.4800 |
- Jul 20, 2026$0.5300
- Apr 20, 2026$0.5300
- Jan 21, 2026$0.5200
- Oct 17, 2025$0.5200
- Jul 18, 2025$0.5200
- Apr 17, 2025$0.5200
- Jan 21, 2025$0.5000
- Oct 18, 2024$0.5000
- Jul 19, 2024$0.5000
- Apr 19, 2024$0.5000
- Jan 19, 2024$0.4800
- Oct 20, 2023$0.4800
Historical dividend yield for Colgate-Palmolive (CL)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 2.85%5Y: 2.56%10Y: 2.55%
Dividend per share for Colgate-Palmolive (CL)
CAGR (per year)1Y: 4.04%5Y: 3.32%10Y: 3.22%↑ Accelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 1973 | $0.02 | 2 |
| 1974 | $0.04 | 4 |
| 1975 | $0.04 | 4 |
| 1976 | $0.05 | 4 |
| 1977 | $0.06 | 4 |
| 1978 | $0.06 | 4 |
| 1979 | $0.07 | 4 |
| 1980 | $0.07 | 4 |
| 1981 | $0.07 | 4 |
| 1982 | $0.07 | 4 |
| 1983 | $0.08 | 4 |
| 1984 | $0.08 | 4 |
| 1985 | $0.08 | 4 |
| 1986 | $0.09 | 4 |
| 1987 | $0.09 | 4 |
| 1988 | $0.09 | 4 |
| 1989 | $0.10 | 4 |
| 1990 | $0.11 | 4 |
| 1991 | $0.13 | 4 |
| 1992 | $0.14 | 4 |
| 1993 | $0.17 | 4 |
| 1994 | $0.19 | 4 |
| 1995 | $0.22 | 4 |
| 1996 | $0.23 | 4 |
| 1997 | $0.27 | 4 |
| 1998 | $0.28 | 4 |
| 1999 | $0.29 | 4 |
| 2000 | $0.32 | 4 |
| 2001 | $0.34 | 4 |
| 2002 | $0.36 | 4 |
| 2003 | $0.45 | 4 |
| 2004 | $0.48 | 4 |
| 2005 | $0.56 | 4 |
| 2006 | $0.63 | 4 |
| 2007 | $0.70 | 4 |
| 2008 | $0.78 | 4 |
| 2009 | $0.86 | 4 |
| 2010 | $1.01 | 4 |
| 2011 | $1.14 | 4 |
| 2012 | $1.22 | 4 |
| 2013 | $1.33 | 4 |
| 2014 | $1.42 | 4 |
| 2015 | $1.50 | 4 |
| 2016 | $1.55 | 4 |
| 2017 | $1.59 | 4 |
| 2018 | $1.66 | 4 |
| 2019 | $1.71 | 4 |
| 2020 | $1.75 | 4 |
| 2021 | $1.79 | 4 |
| 2022 | $1.86 | 4 |
| 2023 | $1.91 | 4 |
| 2024 | $1.98 | 4 |
| 2025 | $2.06 | 4 |
| 2026 | $1.58 | 3 |
Dividend growth for Colgate-Palmolive (CL)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $2.0600 | — | — |
| 2025 | $1.9800 | $2.0600 | +4.0% |
| 2024 | $1.9100 | $1.9800 | +3.7% |
| 2023 | $1.8600 | $1.9100 | +2.7% |
| 2022 | $1.7900 | $1.8600 | +3.9% |
| 2021 | $1.7500 | $1.7900 | +2.3% |
| 2020 | $1.7100 | $1.7500 | +2.3% |
| 2019 | $1.6600 | $1.7100 | +3.0% |
| 2018 | $1.5900 | $1.6600 | +4.4% |
| 2017 | $1.5500 | $1.5900 | +2.6% |
| 2016 | $1.5000 | $1.5500 | +3.3% |
| 2015 | $1.4200 | $1.5000 | +5.6% |
| 2014 | $1.3300 | $1.4200 | +6.8% |
| 2013 | $1.2200 | $1.3300 | +9.0% |
| 2012 | $1.1350 | $1.2200 | +7.5% |
| 2011 | $1.0150 | $1.1350 | +11.8% |
| 2010 | $0.8600 | $1.0150 | +18.0% |
| 2009 | $0.7800 | $0.8600 | +10.3% |
| 2008 | $0.7000 | $0.7800 | +11.4% |
| 2007 | $0.6250 | $0.7000 | +12.0% |
| 2006 | $0.5550 | $0.6250 | +12.6% |
| 2005 | $0.4800 | $0.5550 | +15.6% |
| 2004 | $0.4500 | $0.4800 | +6.7% |
| 2003 | $0.3600 | $0.4500 | +25.0% |
| 2002 | $0.3375 | $0.3600 | +6.7% |
| 2001 | $0.3150 | $0.3375 | +7.1% |
| 2000 | $0.2950 | $0.3150 | +6.8% |
| 1999 | $0.2750 | $0.2950 | +7.3% |
| 1998 | $0.2650 | $0.2750 | +3.8% |
| 1997 | $0.2350 | $0.2650 | +12.8% |
| 1996 | $0.2200 | $0.2350 | +6.8% |
| 1995 | $0.1925 | $0.2200 | +14.3% |
| 1994 | $0.1675 | $0.1925 | +14.9% |
| 1993 | $0.1438 | $0.1675 | +16.5% |
| 1992 | $0.1275 | $0.1438 | +12.7% |
| 1991 | $0.1125 | $0.1275 | +13.3% |
| 1990 | $0.0975 | $0.1125 | +15.4% |
| 1989 | $0.0925 | $0.0975 | +5.4% |
| 1988 | $0.0869 | $0.0925 | +6.5% |
| 1987 | $0.0850 | $0.0869 | +2.2% |
| 1986 | $0.0813 | $0.0850 | +4.6% |
| 1985 | $0.0800 | $0.0813 | +1.6% |
| 1984 | $0.0788 | $0.0800 | +1.6% |
| 1983 | $0.0750 | $0.0788 | +5.0% |
| 1982 | $0.0713 | $0.0750 | +5.3% |
| 1981 | $0.0681 | $0.0713 | +4.6% |
| 1980 | $0.0675 | $0.0681 | +0.9% |
| 1979 | $0.0625 | $0.0675 | +8.0% |
| 1978 | $0.0587 | $0.0625 | +6.4% |
| 1977 | $0.0512 | $0.0587 | +14.6% |
| 1976 | $0.0437 | $0.0512 | +17.1% |
| 1975 | $0.0376 | $0.0437 | +16.5% |
| 1974 | — | $0.0376 | — |
- 2026—
- 2025$2.0600
- 2024$1.9800
- 2023$1.9100
- 2022$1.8600
- 2021$1.7900
- 2020$1.7500
- 2019$1.7100
- 2018$1.6600
- 2017$1.5900
- 2016$1.5500
- 2015$1.5000
- 2014$1.4200
- 2013$1.3300
- 2012$1.2200
- 2011$1.1350
- 2010$1.0150
- 2009$0.8600
- 2008$0.7800
- 2007$0.7000
- 2006$0.6250
- 2005$0.5550
- 2004$0.4800
- 2003$0.4500
- 2002$0.3600
- 2001$0.3375
- 2000$0.3150
- 1999$0.2950
- 1998$0.2750
- 1997$0.2650
- 1996$0.2350
- 1995$0.2200
- 1994$0.1925
- 1993$0.1675
- 1992$0.1438
- 1991$0.1275
- 1990$0.1125
- 1989$0.0975
- 1988$0.0925
- 1987$0.0869
- 1986$0.0850
- 1985$0.0813
- 1984$0.0800
- 1983$0.0788
- 1982$0.0750
- 1981$0.0713
- 1980$0.0681
- 1979$0.0675
- 1978$0.0625
- 1977$0.0587
- 1976$0.0512
- 1975$0.0437
- 1974$0.0376
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
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