Colgate-Palmolive Company (NYSE:CL) had declared a cash dividend of $0.3900 on Jun 9, 2016. The shares will quote ex-dividend on Jul 20, 2016 and the record date has been fixed for Jul 22, 2016. On Jun 9, 2016 share price, the yield comes out to be 2.1565%. The dividend payable date has been fixed on Aug 15, 2016.
In a different note, On May 2, 2016, Goldman Sachs said it Upgrades its rating on Colgate-Palmolive Company. In the research note, the firm Raises the price-target to $62.00 per share. The shares have been rated ‘Neutral’ by the firm. On Mar 21, 2016, Barclays said it Maintains its rating on Colgate-Palmolive Company. In the research note, the firm Raises the price-target to $69.00 per share. The shares have been rated ‘Equal-weight’ by the firm.
Colgate-Palmolive Company (CL) shares turned negative on Wednesdays trading session with the shares closing down -0.37 points or -0.51% at a volume of 21,52,890. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $72.285. The peak price level was also seen at $72.285 while the days lowest was $71.62. Finally the shares closed at $71.72. The 52-week high of the shares is $72.72 while the 52-week low is $50.84. According to the latest information available, the market cap of the company is $64,047 M.
Colgate-Palmolive Company(CL) last announced its earnings results on Apr 28, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $3.76B. Analysts had an estimated revenue of $3.77B. Earnings per share were $0.63. Analysts had estimated an EPS of $0.63.
Several Insider Transactions has been reported to the SEC. On May 18, 2016, Patricia Verduin (Chief Technology Officer) sold 3,666 shares at $71.59 per share price.Also, On May 13, 2016, Justin Skala (COO NA, Eur, Afr/E & Gl Sust) sold 89,200 shares at $72.17 per share price.On May 13, 2016, John J Huston (Sr. VP Office of the Chairman) sold 14,000 shares at $72.23 per share price, according to the Form-4 filing with the securities and exchange commission.
Colgate-Palmolive Company (Colgate) is a consumer products company whose products are marketed in more than 200 countries and territories throughout the world. The Company operates in two product segments: Oral Personal and Home Care and Pet Nutrition. The Oral Personal and Home Care product segment is operated through five geographic segments: North America Latin America Europe/South Pacific Asia and Africa/Eurasia. The Company’s oral care products include Colgate Total; Colgate Sensitive Pro-Relief; Colgate Max Fresh; Colgate Optic White and Colgate Luminous White toothpastes among others. The Company sells its personal care products under the Palmolive Protex and Softsoap brands. The Company through its Hill’s Pet Nutrition segment (Hill’s) manufactures pet nutrition products for dogs and cats.