Colgate-Palmolive hikes dividend by 20% and announces buy back program

Discussion in 'Stocks' started by ASusilovic, Feb 4, 2010.

  1. CL board on Thursday raised its second-quarter dividend by 20% to 53 cents a share from 44 cents, citing a positive outlook. The dividend will be paid on May 14 to shareholders of record on April 26. The board also approved a new share buyback program, authorizing the repurchase of 40 million common shares over the next two years.

    http://www.marketwatch.com/story/colgate-palmolive-hikes-dividend-by-20-2010-02-04

    Is this a buy ? :)
     
  2. id be a buyer below 200mda
     
  3. This is why I like these boring stocks as opposed to tech.