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Regardless, Colgate-Palmolive's new dividend will be paid on May 15 to stockholders of record as of April 21. It would yield 2.2% on the most recent closing share price. That's a bit higher than the current 1.9% average of dividend-paying stocks on the S&P 500.
Apple Inc. shares approach ex-dividend as it gears up to distribute $2.7 billion to shareholders. On May 14, Apple will pay shareholders of record a quarterly dividend of $0.52 per share, but investors must have settled ownership of the company's stock by Monday, May 11, in order to qualify.