Kimberly-Clark Declares Quarterly Dividend

Rhea-AI Summary

Kimberly-Clark Corporation (KMB) Declares Regular Quarterly Dividend of $1.18 per Share

Positive

• The declaration of a regular quarterly dividend demonstrates the company's commitment to returning value to its shareholders consistently.
• The 89th consecutive year of paying dividends showcases the company's long-standing financial stability and dedication to rewarding its investors.

Negative

• The press release does not provide information on any potential changes in the dividend amount or the company's future dividend policies.

DALLAS, Nov. 16, 2023 /PRNewswire/ -- The board of directors of Kimberly-Clark Corporation (NYSE: KMB) has declared a regular quarterly dividend of $1.18 per share. The dividend is payable on January 3, 2024, to stockholders of record as of December 8, 2023.

This represents the 89th straight year that the company has paid a 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, Neve, Plenitud, Sweety, Softex, Viva and WypAll, hold No. 1 or No. 2 share positions in approximately 80 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 fifth year in a row. To keep up with the latest news and to learn more about the company's 150-year history of innovation, visit Kimberly-Clark.com.

[KMB-F]

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SOURCE Kimberly-Clark Corporation

FAQ

What is the dividend amount declared by Kimberly-Clark Corporation?

The board of directors of Kimberly-Clark Corporation has declared a regular quarterly dividend of $1.18 per share.

When is the dividend payable to stockholders?

The dividend is payable on January 3, 2024.

How many consecutive years has Kimberly-Clark Corporation paid dividends?

This represents the 89th straight year that the company has paid a dividend to shareholders.