Kimberly-Clark Pampers Investors With Steady Dividend

Consumer-products leader Kimberly-Clark (NYSE: KMB  ) announced today its third-quarter dividend of $0.81 per share, the same rate it's paid for the past two quarters after raising the payout 9.5%, from $0.74 per share.

The board of directors said the quarterly dividend is payable on Oct. 2 to the holders of record at the close of business on Sept. 6. The consumer-products company has made payouts to investors for 79 years, and 2013 marks the 41st consecutive year it has raised the dividend. 

The regular dividend payment equates to a $3.24-per-share annual dividend, yielding 3.3% based on the closing price today of Kimberly-Clark's stock.

KMB Dividend Chart

KMB Dividend data by YCharts


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  • Report this Comment On August 02, 2013, at 3:25 PM, whyaduck1128 wrote:

    This headline is a poor attempt at humor at best, since Pampers are made by Procter & Gamble.

    Good company, though.

    whyaduck

    Long KMB and PG

  • Report this Comment On August 03, 2013, at 10:44 AM, TMFCop wrote:

    Somehow "Kimberly-Clark Huggies Investors With Steady Dividend" just didn't sound right. :)

    Thanks for reading,

    Rich

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