Dividend KingDividend AristocratConsumer Staples

Colgate-Palmolive Company (CL) Dividend Profile

Colgate-Palmolive has paid dividends since 1895 and raised them for 60+ years. See CL's dividend history, safety outlook, risks, and how to earn its payout.

DividendScope Team|August 10, 2026|Updated August 26, 2026
62
Years of Increases
2.2%
Dividend Yield
$2.00
Annual Dividend / Share
Quarterly
Payment Schedule

What $10,000 of CL pays today

About $220/year at the current 2.2% yield, before any future raises or reinvestment.

Project Your Income

Colgate-Palmolive has paid a dividend without interruption since 1895 — before the Wright brothers flew — and has raised it every year for more than six decades, earning its place on the dividend kings list. According to Kantar's global brand studies, Colgate is the most widely chosen consumer brand on Earth: more households buy a Colgate product each year than any other brand in any category.

CL Dividend at a Glance

Uninterrupted dividends since1895
Consecutive annual raisesMore than 60 years
StatusDividend King and Dividend Aristocrat
Payment monthsFebruary, May, August, November
Recent raise paceModest — roughly 3–4% per year, announced in March
Payout ratioRoughly 55–60% of earnings

Current yield, annual dividend, and the exact streak length are shown live in the stats bar above.

Colgate-Palmolive Dividend History: The Milestones

YearMilestone
1806William Colgate opens a starch, soap, and candle shop in New York
1895First dividend paid — every year since, uninterrupted
1928Colgate merges with Palmolive-Peet
1963Start of the unbroken streak of annual increases
1976Acquires Hill's Pet Nutrition, today its fastest-growing business
Today130+ consecutive years of dividend payments

Why the Streak Has Lasted This Long

A product people buy every month, everywhere

Colgate sells in more than 200 countries and holds roughly 40% of the global toothpaste market — in some countries its share is far higher. Toothpaste, soap, and dish liquid are bought on autopilot in booms and recessions alike, which is exactly the demand profile a 60-year raise streak requires.

Emerging markets did the heavy lifting

Unlike most US staples giants, Colgate earns the majority of its sales outside the US, with an unusually deep footprint in Latin America, Asia, and Africa. Rising incomes in those markets have quietly compounded the business for decades.

The pet food kicker

Hill's Science Diet and Prescription Diet — the vet-recommended pet food brands — have become Colgate's growth engine, riding the "pets as family" wave with pricing power the toothpaste aisle can only envy.

What Could Break the Streak

Colgate's risks are mostly of the slow-grind variety:

  • Slow core growth. Toothpaste is a mature category; volume growth is scarce and raises have settled into the low single digits.
  • Currency exposure. Heavy emerging-market revenue means a strong dollar and periodic Latin American currency crises regularly dent reported earnings.
  • Private-label and challenger brands. Store brands and direct-to-consumer upstarts keep chipping at the oral-care and home-care aisles.

The realistic downside: not a cut — a dividend paid since 1895 is about as bulletproof as equities get — but years of 3% raises that only just outpace inflation.

What $10,000 of CL Pays You

The income callout above shows what a $10,000 position generates at today's yield. Two things compound from there:

  1. Raises stack quietly. Even at a 3–4% pace, the payout doubles roughly every 18–20 years without buying another share.
  2. Reinvestment accelerates it. Routing payments through a DRIP buys more shares each quarter — run the long-term math with our yield-on-cost calculator.

How CL Fits in a Dividend Portfolio

Colgate is a sleep-well foundation holding — the classic defensive staple.

  • Role: recession-resistant income anchor with global reach
  • Pairs well with: higher-yield or faster-growing payers on the other side of the yield vs. growth barbell
  • Watch annually: the March raise announcement and Hill's organic growth

Every major broker offers CL with fractional shares and free reinvestment — compare platforms, or meet its 60-year peers on the full dividend aristocrats list.

CL Dividend FAQ

Is Colgate-Palmolive a Dividend King?

Yes. Colgate-Palmolive has increased its dividend every year for more than six decades, clearing the 50-year bar for Dividend King status, and it is also a Dividend Aristocrat. On top of the raise streak, it has paid uninterrupted dividends since 1895.

How often does Colgate-Palmolive pay dividends?

Colgate-Palmolive pays dividends quarterly, typically in February, May, August, and November. The annual increase is usually announced in March.

Is Colgate-Palmolive's dividend safe?

Colgate's dividend is considered very safe. The payout ratio sits near the high-50s percent of earnings, the products are daily-repurchase staples, and the company has paid a dividend through every war, depression, and recession since 1895.

Ready to own CL?

Every top broker we review offers CL with $0 commissions, fractional shares, and free dividend reinvestment.