Kimberly Clark (KMB) Extends Dividend Growth Streak to 54 Years
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowKimberly Clark (KMB) has increased its dividend to $1.28 per share, marking the 54th consecutive year of dividend growth. The company has paid dividends for 92 straight years, establishing a robust reputation for reliable payouts. Its dividend yield is currently 4.7%, surpassing PepsiCo's yield of 4.1%. This resilience and consistent demand for household products make it an appealing option for income-focused investors. The ongoing acquisition of consumer health products brand Kenvue aims to further enhance growth potential.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Kimberly-Clark Corporation (KMB)
Kimberly-Clark makes personal-care and tissue products including Huggies and Kleenex.
The Consumer Staples sector covers food, beverage and household-goods companies that tend to hold up in any economy.
Earlier KMB news
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