Kimberly-Clark Corporation (NYSE:KMB) will begin trading ex-dividend on December 3, 2020. The quarterly dividend payment of $ 1.07 per share is scheduled to be paid on January 5, 2021. The dividend yield based on the latest trading day closing price was 3.03 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of December 3, 2020.
Dividends History
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Kimberly-Clark Corporation recently reported third quarter financial results on October 22, 2020, before market open, manufacturer of personal care products unveiled income for the third quarter of $ 1.72 per share, from the revenue of $ 4,683.00 million. The quarterly earnings declined 6.52 percent while revenues elevated 0.93 percent compared with the same quarter last year.
According to street consensus, KMB was expected to report 3Q20 income of $ 1.75 per share from revenue of $ 4575.76 million. The bottom line results missed street analysts by $ 0.03 or 1.71 percent, at the same time, top line results outshined analysts by $ 107.24 million or 2.34 percent.
Stock Performance
Shares of Kimberly-Clark Corporation traded up $ 1.97 or 1.41 percent on Tuesday, reaching $ 141.28 with volume of 1.93 million shares. Kimberly-Clark Corporation has traded high as $ 141.42 and has cracked $ 138.46 on the downward trend
According to the previous trading day, closing price of $ 141.28, representing a 25.89 % increase from the 52 week low of $ 110.66 and a 13.02 % decrease over the 52 week high of $ 160.16.
The company has a market capital of $ 48.05 billion and is part of the Consumer Defensive sector and Household & Personal Products industry.
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.
