On January 25, 2023, Kimberly-Clark Corporation (KMB) announced that it will raise its quarterly dividend by 1.7% to $1.18 quarterly per share. This is the smallest dividend hike by the Dividend Aristocrat in many years but does mark 51 consecutive years of dividend growth. In 2022 KMB also announced a very small increase of 1.8%.
| Kimberly Clark (KMB) Dividend history & statistics | |
| Company name | Kimberly-Clark Corp |
| Ticker symbol | KMB |
| ISIN-code | US4943681035 |
| company website | https://www.kimberly-clark.com |
| Sector | Consumer Staples |
| Business | Diapers, Tissues & Care Products |
| Dividend paid since | 1934 |
| Track record (years increased) | 51 |
| Payment Frequency | Quarterly dividend |
| Dividend growth: 5 year average | 3.4% |
| Next dividend per share | $1.180 |
| Annual dividend per share | $4.72 |
| Dividend yield* | 3.4% |
| Stock price* | $132.06 |
| YTD Total Return* | -0.8% |
| Next ex-dividend date | March 9, 2023 |
| Next payment date | April 4, 2023 |
| Market cap (in $B)* | 44.57 |
| Total dividend (in $B) | 1.59 |
| © www.dividendhike.com | *As of January 25, 2023 |
The Board of Directors approved to increase the dividend by 1.7 percent to $1.18 per share, up from $1.16 per share in 2022. The first dividend will be payable on April 4, 2023 to stockholders of record on March 10, 2023. The dividend yield for KMB is 3.5% at a stock price of $132. The next ex-dividend date for KMB is March 9, 2023.
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