By Colin Kellaher

 

Kimberly-Clark Corp. on Wednesday said its board raised the quarterly dividend by 1.8%, to $1.16 from $1.14.

The new payout, equal to $4.64 a year, represents an annual yield of about 3.32% based on Tuesday's closing price of $139.63, up from 3.27%.

The Irving, Texas, consumer-products maker said the increased dividend is payable April 4 to shareholders of record March 4.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

January 26, 2022 08:00 ET (13:00 GMT)

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