Kimberly-Clark Corporation (KMB) to Issue Quarterly Dividend of $1.28 on January 5th

Kimberly-Clark Corporation (NASDAQ:KMB) declared a quarterly dividend on Wednesday, November 11th. Stockholders of record on Friday, December 4th will be paid a dividend of $1.28 per share on Tuesday, January 5th. This represents a $5.12 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Friday, December 4th.

Kimberly-Clark has a dividend payout ratio of 67.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Kimberly-Clark to earn $7.10 per share next year, which means the company should continue to be able to cover its $5.12 annual dividend with an expected future payout ratio of 72.1%.

Kimberly-Clark Price Performance

NASDAQ:KMB opened at $107.19 on Friday. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.65 and a current ratio of 0.89. The company has a 50-day moving average of $102.68 and a 200-day moving average of $103.39. Kimberly-Clark has a 52 week low of $92.42 and a 52 week high of $116.82. The company has a market capitalization of $35.65 billion, a price-to-earnings ratio of 10.82, a PEG ratio of 6.07 and a beta of 0.25.

Kimberly-Clark (NASDAQ:KMB) last posted its earnings results on Thursday, November 5th. The company reported $1.70 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.05. Kimberly-Clark had a net margin of 19.93% and a return on equity of 114.93%. The business had revenue of $4.13 billion for the quarter, compared to analysts’ expectations of $4.13 billion. During the same quarter in the previous year, the firm posted $1.82 earnings per share. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. As a group, equities research analysts anticipate that Kimberly-Clark will post 6.93 earnings per share for the current fiscal year.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation is a global consumer products company that develops and sells personal care, tissue and hygiene products. Its offerings include diapers and training pants, feminine care and adult incontinence products, facial and bathroom tissues, paper towels and wipes. The company’s portfolio includes brands such as Huggies, Kleenex, Scott, Cottonelle, Depend, Poise and Kotex. Kimberly-Clark also provides products for businesses and institutions, including workplace and professional-use tissue and hygiene products.