Kimberly-Clark continues dividend streak with latest payout

Published 01/05/2025, 21:22
Kimberly-Clark continues dividend streak with latest payout

DALLAS - Kimberly-Clark Corporation (NYSE: KMB), a $43.2 billion consumer goods giant, has announced a regular quarterly dividend of $1.26 per share, offering an attractive yield of 3.82%, continuing its long-standing tradition of providing returns to its shareholders. This dividend is scheduled to be distributed on July 2, 2025, to stockholders who are recorded by the close of business on June 6, 2025.

The announcement marks the company’s 91st consecutive year of dividend payments and the 53rd consecutive year of dividend increases, underscoring its commitment to shareholder value. According to InvestingPro, the company maintains a healthy P/E ratio of 17.65 and generated robust annual revenue of $19.75 billion. Kimberly-Clark is known for its portfolio of consumer products, including well-known brands such as Huggies, Kleenex, and Scott. These brands have secured leading market positions in about 70 countries worldwide.

Kimberly-Clark’s focus extends beyond its product offerings to include sustainable practices aimed at promoting a healthy planet and building strong communities. This approach has earned the company recognition as one of the World’s Most Ethical Companies® by Ethisphere for seven consecutive years and a place on Fortune’s list of Most Innovative Companies in America in 2024.

Investors and market watchers often view consistent dividend payments as an indicator of a company’s financial health and stability. InvestingPro analysis indicates the stock is currently trading below its Fair Value, with a "GOOD" overall financial health score. For deeper insights into KMB’s valuation and 8 additional ProTips, consider exploring InvestingPro’s comprehensive research report, available among 1,400+ detailed US equity analyses.

This financial news is based on a press release statement from Kimberly-Clark Corporation.

In other recent news, Kimberly-Clark Corporation has announced a significant investment plan, committing over $2 billion to expand its North American operations over the next five years. This expansion includes building a new manufacturing facility in Warren, Ohio, and enhancing the Beech Island, South Carolina site with an automated distribution center. These projects are expected to create more than 900 jobs and are part of a broader supply chain transformation. In financial developments, Kimberly-Clark reported its first-quarter 2025 earnings, with earnings per share (EPS) slightly exceeding expectations at $1.93, compared to the forecast of $1.90. However, the company’s revenue fell short of projections, coming in at $4.84 billion against an anticipated $4.88 billion. RBC Capital Markets recently adjusted their outlook on Kimberly-Clark, lowering the stock price target from $165 to $162 while maintaining an Outperform rating, citing the company’s operational strengths despite revenue challenges. Kimberly-Clark has revised its guidance downward due to a $300 million cost of goods sold headwind attributed to U.S. tariffs, although the company has a strategy to mitigate these costs through network optimization.

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