Colgate-Palmolive Stock To Go Ex-dividend Tomorrow (CL)

NEW YORK ( TheStreet) -- The ex-dividend date for Colgate-Palmolive Company (NYSE: CL) is tomorrow, July 19, 2013. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $58.30 as of 9:31 a.m. ET, the dividend yield is 2.3%.

The average volume for Colgate-Palmolive has been 3.3 million shares per day over the past 30 days. Colgate-Palmolive has a market cap of $54.55 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 11.7% year to date as of the close of trading on Wednesday.

Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. The company operates in two segments: Oral, Personal and Home Care; and Pet Nutrition.

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TheStreet Ratings rates Colgate-Palmolive as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Colgate-Palmolive Ratings Report.

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