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

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 ?

 

id be a buyer below 200mda

 

This is why I like these boring stocks as opposed to tech.