DALLAS, Feb. 28, 2012 /PRNewswire/ -- Kimberly-Clark
Corporation (NYSE: KMB) today said its board of directors has
approved a dividend increase of 5.7 percent. This will bring the
quarterly dividend to 74 cents per
share, up from 70 cents per share in
2011.
The board of directors declared the dividend payable on
April 3, 2012 to stockholders of
record on March 9, 2012. This is the
40th consecutive year Kimberly-Clark has raised its dividend; and
the 78th straight year the company has paid dividends.
"This dividend increase reflects the underlying strength of our
business and our focus on allocating cash flow in
shareholder-friendly ways," said Thomas J.
Falk, chairman and chief executive officer. "Kimberly-Clark
continues to provide a top-tier dividend payout among consumer
packaged goods companies, and this is an important component of our
strategy to deliver strong returns to
shareholders."
About Kimberly-Clark
Kimberly-Clark and its well-known global brands are an
indispensable part of life for people in more than 175 countries.
Every day, nearly a quarter of the world's population trust K-C's
brands and the solutions they provide to enhance their health,
hygiene and well-being. With brands such as Kleenex, Scott,
HUGGIES, Pull-Ups, Kotex and Depend, Kimberly-Clark holds No. 1 or
No. 2 share positions in more than 80 countries. To keep up with
the latest K-C news and to learn more about the company's 140-year
history of innovation, visit www.kimberly-clark.com.
SOURCE Kimberly-Clark Corporation