Kimberly-Clark Corporation (KMB) To Go Ex-Dividend on September 4th

Kimberly-Clark Corporation (NASDAQ:KMB) announced a quarterly dividend on Monday, August 3rd. Shareholders of record on Friday, September 4th will be given a dividend of 1.28 per share on Friday, October 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Friday, September 4th.

Kimberly-Clark has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 54 consecutive years. Kimberly-Clark has a dividend payout ratio of 67.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Kimberly-Clark to earn $7.47 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 68.5%.

Kimberly-Clark Stock Down 0.8%

Shares of NASDAQ:KMB opened at $107.08 on Wednesday. Kimberly-Clark has a 52-week low of $92.42 and a 52-week high of $131.53. The company has a market capitalization of $35.61 billion, a PE ratio of 18.21, a price-to-earnings-growth ratio of 5.14 and a beta of 0.26. The company has a debt-to-equity ratio of 3.45, a quick ratio of 0.69 and a current ratio of 0.91. The company has a fifty day moving average of $109.87 and a 200-day moving average of $103.72.

Kimberly-Clark (NASDAQ:KMB) last released its quarterly earnings data on Tuesday, August 4th. The company reported $1.80 earnings per share for the quarter, missing the consensus estimate of $2.01 by ($0.21). Kimberly-Clark had a net margin of 11.79% and a return on equity of 143.92%. The firm had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.22 billion. During the same period last year, the business earned $1.92 EPS. The company’s revenue was up .6% compared to the same quarter last year. On average, equities analysts predict that Kimberly-Clark will post 7.42 EPS for the current fiscal year.

About Kimberly-Clark

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.