Kimberly-Clark Corporation (KMB), a global leader in personal care products, has declared a regular quarterly dividend of $1.18 per share, representing a 6.3% increase from the previous quarter
Dividends
Kimberly-Clark Corporation (KMB), a global leader in personal care products, has announced that its board of directors has declared a regular quarterly dividend of $1.18 per share. This represents a 6.3% increase from the previous quarterly dividend of $1.11 per share. The dividend is payable on July 5, 2023, to stockholders of record as of June 9, 2023.
Kimberly-Clark has been paying dividends for 89 consecutive years, starting in 1935. Kimberly-Clark has also increased its dividend for the 51st consecutive year, which is a testament to the company's financial strength and commitment to its shareholders.
Kimberly-Clark has consistently demonstrated strong financial performance. In the first quarter of 2023, the company reported net sales of $5.2 billion, which is a 3% increase compared to the same period last year. The company's net income for the quarter was $656 million, which is a 7% increase compared to the same period last year.
The company's financial performance has been driven by its portfolio of leading brands, including Huggies, Kleenex, and Cottonelle.
Members of LevelFields received the alert of this event on April 20, 6:10 PM ET
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