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.

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.