Kimberly-Clark Corporation declares a regular quarterly dividend of $1.18 per share

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's dividend history

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's financial performance

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

Join LevelFields now to be the first to know about events that affect stock prices and uncover unique investment opportunities. Choose from events, view price reactions, and set event alerts with our AI-powered platform. Don't miss out on daily opportunities from 6,300 companies monitored 24/7. Act on facts, not opinions,and let LevelFields help you become a better trader.

Join LevelFields now to be the first to know about events that affect stock prices and uncover unique investment opportunities. Choose from events, view price reactions, and set event alerts with our AI-powered platform. Don't miss out on daily opportunities from 6,300 companies monitored 24/7. Act on facts, not opinions, and let LevelFields help you become a better trader.

Free Trial: Signup for 1 Free Alert Per Week

Add your email to get alerts & the report.

Get 1 free alert per week via email

Upgrade if you want more or platform access

We'll also send you a free report

or Click Here to get full access now

By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.