Kimberly-Clark Declares Dividend Increase
Rhea-AI Summary
Kimberly-Clark (NYSE: KMB) has announced a 3.3% increase in its quarterly dividend to $1.26 per share, marking its 53rd consecutive year of dividend increases. The dividend will be payable on April 2, 2025, to stockholders of record as of March 7, 2025.
The company maintains leading market positions with its portfolio of consumer brands, including Huggies, Kleenex, Scott, and Kotex, holding No. 1 or No. 2 share positions in approximately 70 countries. Kimberly-Clark operates in more than 175 countries and has been recognized as one of the World's Most Ethical Companies for six consecutive years and one of Fortune's Most Innovative Companies in America in 2024.
Positive
- 3.3% dividend increase to $1.26 per share
- 53 consecutive years of dividend increases demonstrating financial stability
- #1 or #2 market position in approximately 70 countries
- Strong brand portfolio presence in 175+ countries
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, KMB declined 1.50%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
This represents the 53rd consecutive year that the company has increased its dividend to shareholders.
About Kimberly-Clark
Kimberly-Clark (NYSE: KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people's most essential needs, we create products that help individuals experience more of what's important to them. Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll, hold No. 1 or No. 2 share positions in approximately 70 countries. We use sustainable practices that support a healthy planet, build strong communities, and ensure our business thrives for decades to come. We are proud to be recognized as one of the World's Most Ethical Companies® by Ethisphere for the sixth year in a row and one of Fortune's Most Innovative Companies in America in 2024. To keep up with the latest news and to learn more about the company's more than 150-year history of innovation, visit the Kimberly-Clark website.
[KMB-F]
Logo - https://mma.prnewswire.com/media/648588/Kimberly_Clark_v1_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/kimberly-clark-declares-dividend-increase-302361467.html
SOURCE Kimberly-Clark Corporation