Colgate-Palmolive has increased its dividend for the 64th consecutive year, extending a streak that began in 1895. The company recently raised its quarterly payout to $0.53 per share, supported by free cash flow of about $3.6 billion. In the first quarter of 2026, net sales rose 8.4%, exceeding analyst expectations, though earnings per share and gross profit margin declined due to inflationary pressures on materials. Colgate maintained its full-year 2026 guidance and continues to benefit from strong pricing power and global brand recognition. The stock has returned 16% year to date and offers a yield above 2%, with a forward P/E ratio of about 24.
Colgate-Palmolive CompanyDividend increase and strong Q1 sales growth, though earnings and margins declined due to inflation.