Kimberly-Clark Corporation (KMB) will raise its quarterly dividend by 3.0 percent to $1.03 per share in the first quarter of 2019. This follows a 3.1 percent dividend hike by the Dividend Aristocrat in 2018.
The first dividend will be payable on April 2, 2019 to stockholders of record on March 8, 2019. A new annualized dividend rate of $4.12 per share for KMB yields 3.5% at a stock price of $112.15.
Kimberly-Clark Corporation is a manufacturer of products mostly made from natural or synthetic fibers using advanced technologies in fibers, nonwovens and absorbency. The company's operating segments are: Personal Care, Consumer Tissue and K-C Professional. The company's brands include Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Viva and WypAll. Kimberly-Clark Corporation, orginally established in 1872, was incorporated in Delaware in 1928.
2023