Kimberly-Clark Raises Quarterly Dividend by 3.9% to $1.07
January 23 2020 - 8:14AM
Dow Jones News
By Colin Kellaher
Kimberly-Clark Corp. (KMB) on Thursday said its board raised the
quarterly dividend by 3.9%, to $1.07, from $1.03.
The new payout, equal to $4.28 a year, represents an annual
yield of about 2.96% based on Wednesday's closing price of $144.39,
up from 2.85%.
The Irving, Texas, consumer-products maker said the increased
dividend is payable April 2 to shareholders of record March 6.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 23, 2020 07:59 ET (12:59 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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