Kimberly Clark Corp declares $0.84 dividend


Kimberly-Clark Corporation (KMB) declares $0.84/share quarterly dividend, 3.7% increase from prior dividend of $0.81.

Forward yield 3.04%

Payable April 2; for shareholders of record March 7; ex-div March 5.

From other sites
Comments (5)
  • mbn
    , contributor
    Comments (855) | Send Message
     
    A bit lower than I expected ( I was hoping for .86, but was expecting .85). Still a solid company. Need to carefully watch the next few quarters to see if revenue levels off somewhat.

     

    Disclosure: (Very) long KMB
    25 Feb 2014, 02:09 PM Reply Like
  • Willow Street Investments
    , contributor
    Comments (2025) | Send Message
     
    It was less of a dividend raise because of the upcoming spin off.
    25 Feb 2014, 03:01 PM Reply Like
  • ScottU
    , contributor
    Comments (1973) | Send Message
     
    Exactly. People have to look at what a company is doing on the full, not just the dividend raise percent numbers. I was expecting .85 as well, but given the rest of the story I'm not disappointed.
    25 Feb 2014, 03:09 PM Reply Like
  • mbn
    , contributor
    Comments (855) | Send Message
     
    In the conf. call, it was mentioned that they were targeting EPS of $6.00 - $6.20 for 2014. If I read it correctly, that is after the spin-off. That is an increase in the ~5%-6% range, hence my expectation for an increase in the dividend to .85, with an outside shot at .86.

     

    I understand exactly what the company is doing "in full", as you so elegantly put it.
    25 Feb 2014, 05:32 PM Reply Like
  • kolpin
    , contributor
    Comments (1375) | Send Message
     
    I agree with you Scott/mbn about the story behind the dividend growth #s. that's why I'm ok with hanging onto my WMT stock despite the small dividend increase. despite immediate short term issues, I believe their push into small stores will be rewarded.
    25 Feb 2014, 08:08 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs