Invest $53,333 in Colgate-Palmolive stock to earn $100 per month in dividends.

From Yahoo Finance: 2025-05-04 08:31:00

Colgate-Palmolive Co. (NYSE: CL) manufactures and sells consumer products in the U.S. and internationally. The 52-week range of Colgate-Palmolive stock price was $85.32 to $109.30. Colgate-Palmolive’s dividend yield is 2.25%, paying $2.08 per share in dividends during the last 12 months.

On April 25, Colgate-Palmolive announced its Q1 2025 earnings, with revenues of $4.91 billion, down 3% year-over-year. Non-GAAP EPS of $0.91 beat the consensus estimate of $0.86. CEO Noel Wallace discussed challenges of tariffs and raised the annual revenue outlook slightly.

Colgate expects full-year 2025 net sales to be up in the low single digits, with organic sales growth anticipated to be 2% to 4%. To make $100 per month from Colgate-Palmolive dividends, an investment value of around $53,333, approximately 578 shares at $92.33 each, is needed.

Understanding dividend yield calculations is crucial. The dividend yield can change over time due to fluctuating stock prices and dividend payments. The outcome is a result of dividing annual dividend payments by the current price of the stock.

For example, a stock that pays $2 as an annual dividend priced at $50 would have a dividend yield of 4%. If the stock price rises to $60, the dividend yield drops to 3.33%. Conversely, a drop in stock price to $40 increases the dividend yield to 5%.

Read more: How To Put $100 In Your Retirement Fund Each Month With Colgate-Palmolive Stock