Wal-Mart and Colgate Palmolive Announce Dividend Increases

Yesterday, Wal-Mart (WMT) and Colgate Palmolive (CL) announced increases in their quarterly dividends.

Wal-Mart:

• 31.3% increase in the quarterly dividend to 22 cents per share versus the prior 16.75 cents per share.

• S&P Earnings and Dividend Quality Ranking of A+

Colgate Palmolive:

• 12.5% increase in the quarterly dividend to 36 cents per share versus the prior 32 cents per share.

• S&P Earnings and Dividend Quality Ranking of A+