Own Colgate-Palmolive By Oct. 20 to Qualify for Its Nov. 13 Dividend. Here's How Many Shares You'd Need for $1,000 in Yearly Dividends.
2026-10-15 12:45
•Thomas Niel •The Motley Fool
••••• • Axe Cap view
Colgate-Palmolive’s Dividend: What It Means for SA Investors
Colgate’s reliable dividends highlight stability, but South African investors should weigh currency risks and local yields.
Colgate-Palmolive is a textbook example of a reliable dividend payer, boasting 63 years of consecutive dividend growth. For investors chasing steady income, that's rare comfort. But let’s be honest — an annual yield of just 2.3%, even with modest growth, is hardly eye-catching on its own. For South Africans, the real question hinges on the volatile USD/ZAR exchange rate. At today’s rand weakness, dividend payouts converted back home could look better—or worse—depending on currency swings. Meanwhile, local banks like Standard Bank and FirstRand offer dividend yields north of 4%, albeit with more risk tied to the South African economy. If you’re a dividend hunter, Colgate’s stability is tempting, but consider it a diversification play rather than your main income source. If the rand rallies sharply, your converted yield could shrink, making local counters more attractive. Watch the October 20 ex-dividend date if you want to capture the payout, but don’t overpay just because of it. this is just our opinion and not financial advice
Buy Colgate for steady USD income exposure, but keep position size modest due to currency risk and the relatively low yield. Consider trimming exposure if the rand strengthens significantly.
- CL (Colgate-Palmolive)
- USD/ZAR
- Standard Bank
- FirstRand
- Sharp rand appreciation reducing local currency dividend value
- US consumer slowdown affecting Colgate's profits
6/10
Colgate-Palmolive, a Dividend King with 63 consecutive years of dividend growth, offers investors a quarterly dividend of $0.53 per share ($2.12 annualized). To generate $1,000 in yearly dividends, investors would need approximately 472 shares, requiring an investment of around $43,240 at the current share price of $91.61. The stock's ex-dividend date is October 20, with the dividend payable on November 13. With a forward dividend yield of 2.3% and average annual dividend growth of 3.2% over the past decade, the stock represents a stable long-term investment option.
Our take is based on reporting first published by The Motley Fool.