Kimberly Clark Corp (NYSE:KMB) Announces $1.03 Quarterly Dividend

Kimberly Clark Corp (NYSE:KMB) declared a quarterly dividend on Thursday, November 21st, RTT News reports. Investors of record on Friday, December 6th will be paid a dividend of 1.03 per share on Friday, January 3rd. This represents a $4.12 annualized dividend and a yield of 3.03%. The ex-dividend date is Thursday, December 5th.

NYSE:KMB opened at $136.03 on Wednesday. The company has a quick ratio of 0.48, a current ratio of 0.75 and a debt-to-equity ratio of 70.43. The business’s 50-day moving average price is $133.62 and its 200 day moving average price is $135.70. Kimberly Clark has a 52-week low of $106.59 and a 52-week high of $143.50. The firm has a market cap of $46.74 billion, a P/E ratio of 20.58, a PEG ratio of 3.62 and a beta of 0.51.

Kimberly Clark (NYSE:KMB) last issued its quarterly earnings results on Tuesday, October 22nd. The company reported $1.84 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.80 by $0.04. Kimberly Clark had a net margin of 10.96% and a return on equity of 27,094.12%. The company had revenue of $4.64 billion during the quarter, compared to the consensus estimate of $4.66 billion. During the same period in the prior year, the company earned $1.71 EPS. Kimberly Clark’s revenue was up 1.3% on a year-over-year basis. Sell-side analysts expect that Kimberly Clark will post 6.86 EPS for the current year.

KMB has been the topic of a number of research reports. Morgan Stanley dropped their target price on shares of Kimberly Clark from $149.00 to $139.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 23rd. Barclays upgraded shares of Kimberly Clark from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $144.00 to $152.00 in a report on Monday, September 23rd. Wells Fargo & Co lifted their price target on shares of Kimberly Clark from $130.00 to $132.00 and gave the stock a “market perform” rating in a research report on Tuesday, October 15th. Deutsche Bank raised Kimberly Clark from a “sell” rating to a “hold” rating and upped their price target for the company from $123.00 to $124.00 in a report on Tuesday, October 22nd. Finally, Zacks Investment Research raised Kimberly Clark from a “sell” rating to a “hold” rating and set a $150.00 price target on the stock in a report on Monday, September 30th. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $139.33.

About Kimberly Clark

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brand names.

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Dividend History for Kimberly Clark (NYSE:KMB)

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