Friday, March 09, 2007

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+

Wal-Mart and Colgate Palmolive stock charts


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