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|
|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|
|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.