Logout
Click here for Pulp & Paper Radio International
The Paperitalo Library
Free Downloads
Search
My Profile
Login
Kimberly-Clark Corporation
Print
Dallas, Texas, 21 February 2008 -- /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) today said its board of directors has approved a dividend increase of 9.4%t. This will bring the quarterly dividend to 58 cents per share, up from 53 cents per share in 2007.

The board of directors declared the dividend payable on 02 April 2008, to stockholders of record on 07 March 2008. This is the 36th consecutive year Kimberly-Clark has raised its dividend.

"We remain focused on increasing cash flow and deploying it in shareholder-friendly ways, with a continuing objective to raise the dividend at a high-single to low double-digit rate annually," said Thomas J. Falk, chairman and chief executive officer. "In terms of dividend payout, this increase continues Kimberly-Clark's top-tier ranking among consumer packaged goods companies."

Kimberly-Clark's global brands are sold in more than 150 countries. Every day, 1.3 billion people -- nearly a quarter of the world's population -- trust K-C brands and the solutions they provide to enhance their health, hygiene and well-being. To keep up with the latest K-C news and to learn more about the ccompany's 136-year history of innovation, visit http://www.kimberly-clark.com/.

Source: Kimberly-Clark Corporation

Web site: http://www.kimberly-clark.com/
 

Related Articles:


Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: