started · updated
Colgate-Palmolive maintains 63-year dividend growth streak
Colgate-Palmolive is highlighted as a prominent ‘Dividend King,’ a designation for companies that have increased their dividends for at least 50 consecutive years. The company has achieved a 63-year streak of dividend increases.
Colgate maintains a 41% global market share in the toothpaste sector as of 2025. Its business portfolio, which generates approximately $20 billion in annual sales, includes oral care, personal care, home care, and Hill's Pet Nutrition.
The company recently declared a quarterly payment of $0.53 per share, following a 1.9% increase earlier this year. While the company pays out about 83% of its earnings as dividends, its payout ratio relative to free cash flow is 43%. Free cash flow reportedly rose 14% year over year on a trailing-12-month basis.