Kimberly Clark(KMB) does it once again
Northern, WI 02/22/2013 (gdpwatch) – Kimberly Clark Corp (NYSE:KMB) has had an impressive track record with dividend payouts. Once again the board of directors of this global hygiene products brand leader unanimously approved a 9.5 percent dividend increase. This rise brings the quarterly dividend up from the 74 cents per share that it stood at in 2012, to 81 cents per share. All stockholders who are on record as of March 8th 2013 will be eligible to receive the dividend that will be payable on April 2nd 2013.
Close to 8 decades of consistency
Kimberly Clark Corp (NYSE:KMB) has been raising its dividends for 41 consecutive years and being paying dividends for the past 79 consecutive years. Very few companies can hold a candle to this kind of record and the chairman and CEO, Thomas. J. Falk stated that the dividend raise is definitely an indication of their strength, but more than that it is an indication of the commitment levels that the company has towards its shareholders. He also said that the Kimberly Clark Corp (NYSE:KMB) has and will always continue to be the topmost dividend payer in the consumer packaged goods peer market.
Kimberly Clark Corp (NYSE:KMB) has an unshakeable reputation and standing in the global health and hygiene market and has an extensive reach in over 175 countries Its Kleenex, HUGGIES, Kotex and Depend, Scott and Pull-Ups brands are used and trusted by close to a quarter of the world’s population. Kimberly Clark Corp (NYSE:KMB) stands either in the 1st or the 2nd position in over 80 countries and stands strong on its 141-year foundation of innovation and excellence.
Shares of Kimberly Clark Corp (NYSE:KMB) were up by 0.13% to close at $91.86