Colgate-Palmolive removed from S&P 100 as Clorox declares dividend

Colgate-Palmolive has been removed from the S&P 100 index following a quarterly rebalancing by S&P Global. The removal was due to the company's $69 billion market capitalization being surpassed by higher-growth, AI-driven stocks such as Palo Alto Networks, Sandisk, and Arista Networks. Despite this change, Colgate-Palmolive remains in the S&P 500, ensuring continued passive investment from index funds and ETFs tracking that broader index.

In separate consumer staples news, The Clorox Company has declared a quarterly dividend of $1.25 per common share. The dividend is scheduled to be payable on November 13, 2026, to shareholders of record as of the close of business on October 28, 2026.