Kimberly-Clark Corp. (KMB) Raises Quarterly Dividend 9.5% to $0.81; 3.5% Yield

February 21, 2013 1:39 PM EST
Kimberly-Clark Corp. (NYSE: KMB) declared a quarterly dividend of $0.81 per share, or $3.24 annualized. This is a 9.5% increase from the prior dividend of $0.74.

The dividend will be payable on April 2, 2013, to stockholders of record on March 8, 2013, with an ex-dividend date of March 6, 2013.

The annual yield on the dividend is 3.5 percent.

"This dividend increase reflects not only the strength of our business but also our commitment to allocate capital in shareholder-friendly ways," said Thomas J. Falk, chairman and chief executive officer. "We continue to provide a top-tier dividend payout among our peer consumer packaged goods companies, and this remains an important component of our plan to deliver strong returns to shareholders."

For a dividend history and other dividend-related data on Kimberly-Clark Corp. (KMB) click here.

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