Kimberly-Clark Corporation Announces Quarterly Dividend of $1.28 (NASDAQ:KMB)

Kimberly-Clark Corporation (NASDAQ:KMB) declared a quarterly dividend on Monday, August 3rd. Investors of record on Friday, September 4th will be given a dividend of 1.28 per share on Friday, October 2nd. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Friday, September 4th.

Kimberly-Clark has increased its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 54 years. Kimberly-Clark has a dividend payout ratio of 67.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Kimberly-Clark to earn $7.54 per share next year, which means the company should continue to be able to cover its $5.12 annual dividend with an expected future payout ratio of 67.9%.

Kimberly-Clark Trading Down 1.6%

Shares of KMB opened at $107.56 on Tuesday. Kimberly-Clark has a 1-year low of $92.42 and a 1-year high of $137.46. The company has a 50-day moving average of $105.93 and a 200 day moving average of $102.55. The firm has a market capitalization of $35.70 billion, a price-to-earnings ratio of 16.89, a PEG ratio of 4.90 and a beta of 0.26. The company has a debt-to-equity ratio of 3.38, a current ratio of 0.77 and a quick ratio of 0.55.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.