Kimberly-Clark Declares Quarterly Dividend and Announces Date of 2024 Annual Shareholder Meeting
Rhea-AI Summary
Kimberly-Clark (NYSE: KMB) has declared a quarterly dividend of $1.22 per share, payable on January 3, 2025, to stockholders of record as of December 6, 2024. This marks the company's 90th consecutive year of dividend payments and 52nd consecutive year of dividend increases. The company also announced its annual shareholder meeting will be held on May 1, 2025. Kimberly-Clark maintains leading market positions with its portfolio of consumer brands, holding No. 1 or No. 2 share positions in approximately 70 countries.
Positive
- 52 consecutive years of dividend increases demonstrates strong financial stability
- 90-year track record of consistent dividend payments
- Market leadership with #1 or #2 positions in 70 countries
- Broad global presence across 175 countries
Negative
- None.
News Market Reaction – KMB
On the day this news was published, KMB declined 0.39%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
This represents the 90th consecutive year Kimberly-Clark has paid a dividend to shareholders and the 52nd consecutive year it has increased its dividend.
The company also announced that it will hold its next annual shareholder meeting on May 1, 2025.
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(R) by Ethisphere for the fifth 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 150-year history of innovation, visit the Kimberly-Clark website.
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SOURCE Kimberly-Clark Corporation
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