Colgate-Palmolive (CL) Declares $0.38 Quarterly Dividend; New Director Elected

September 10, 2015 2:58 PM EDT

Colgate-Palmolive (NYSE: CL) declared a quarterly dividend of $0.38 per share, or $1.52 annualized.

The dividend will be payable on November 16, 2015, to stockholders of record on October 23, 2015, with an ex-dividend date of October 21, 2015.

The annual yield on the dividend is 2.4 percent.

Separately, the Company also announced today that Lorrie Norrington, Operating Partner, Lead Edge Capital LLC, was elected to Colgate's Board of Directors effective September 9, 2015.

Ms. Norrington, 55, brings over 30 years of operational leadership experience and in-depth knowledge of the technology, e-commerce and consumer software industries. Prior to joining Lead Edge, Ms. Norrington served as President of Global eBay Marketplaces, Chief Operating Officer of eBay Marketplaces and President of eBay International, in Europe and Asia. Prior to joining eBay, Ms. Norrington held senior positions at Intuit, Inc. and held a number of global roles at General ElectricCompany over an almost 20-year period.

For a dividend history and other dividend-related data on Colgate-Palmolive (CL) click here.

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