Arjuna Capital is a prominent institutional investor with a long history of investing in consumer staples companies. The firm has a strong track record of identifying undervalued assets and generating strong returns for its investors. Arjuna Capital’s investment in Colgate-Palmolive is part of a broader strategy to invest in companies with strong brands, consistent earnings, and a history of dividend payments. These companies are considered to be defensive assets, providing stability and income during economic downturns. The firm’s investment in Colgate-Palmolive is consistent with its investment philosophy, which emphasizes long-term value creation and sustainable growth.

This insider sale comes amidst a period of significant growth for Colgate-Palmolive, with the company reporting record-breaking revenue and earnings in its most recent quarter. The company’s success is attributed to its strong brand portfolio, innovative product development, and effective marketing strategies. Colgate-Palmolive’s strong brand portfolio includes iconic brands like Colgate toothpaste, Palmolive soap, and Irish Spring deodorant.

**Colgate-Palmolive (CL) Declares Quarterly Dividend Announcement**

This is a significant development for investors, as it highlights the company’s commitment to shareholder value. The recent dividend declaration underscores Colgate-Palmolive’s ongoing focus on returning value to its shareholders. **Dividend Details:**

* **Dividend Amount:** The company declared a quarterly dividend of $0.50 per share, payable on August 15th. * **Dividend Yield:** The dividend yield is 1.88%, calculated by dividing the annual dividend ($2.00) by the current stock price.

The company is known for its diverse portfolio of brands including Crest, Colgate, and Oral-B. Colgate-Palmolive has a strong global presence, with operations in over 200 countries. This global reach provides the company with a significant competitive advantage, allowing it to access diverse markets and consumers.