Colgate announces regular quarterly dividends

Colgate, which manufacturers dental care products, has made an announcement concerning financial developments and its quarterly dividends.

The board of directors at the company has declared a quarterly cash dividend of $0.44 (27 pence) per common share.

This will be payable on November 13th 2009 to shareholders of record on October 26th 2009.

Colgate has paid uninterrupted dividends on its common stock since 1895, it also added.

Established in 1806, the organisation was originally a starch, soap and candle business on Dutch Street in New York City and went on to found a starch factory in Jersey City in 1820.

It began producing soaps and perfumes 46 years later and first manufactured toothpaste in jars in 1873.

In 1900, Colgate won a top accolade for its fine soaps and perfumes at the Paris World Fair and has progressed through the years to become a firm that generates sales of $15 billion annually worldwide through its four main channels – oral care, personal care, home care and pet nutrition.