Kimberly-Clark Corp. (KMB) Raises Quarterly Dividend 5.7% to $0.74; 4.1% Yield

Kimberly-Clark Corp. (NYSE: KMB) declared a quarterly dividend of $0.74 per share, or $2.96 annualized. This is a 5.7% increase from the prior dividend of $0.70.

The dividend will be payable on April 3, 2012, to stockholders of record on March 9, 2012, with an ex-dividend date of March 7, 2012.

The annual yield on the dividend is 4.1 percent.

This is the 40th consecutive year the company raised its dividend.

"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."

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

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