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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.
AvalonBay Communities, Inc. has consistently paid dividends each year since the Company went public in 1994. The Company pays dividends quarterly, usually on or about the 15th day of January, April, July and October.