Kimberly-Clark Stock To Go Ex-dividend Tomorrow (KMB)
The ex-dividend date for Kimberly-Clark Corporation (NYSE:KMB) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 74 cents per share. At a price of $72.59 as of 9:30 a.m., the dividend yield is 4.1%.
NEW YORK ( TheStreet) -- The ex-dividend date for Kimberly-Clark Corporation (NYSE: KMB) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 74 cents per share. At a price of $72.59 as of 9:30 a.m. ET, the dividend yield is 4.1%. The average volume for Kimberly-Clark has been 2.4 million shares per day over the past 30 days. Kimberly-Clark has a market cap of $28.48 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 1.2% year to date as of the close of trading on Monday. Kimberly-Clark Corporation, together with its subsidiaries, engages in the manufacture and marketing of health care products worldwide. The company operates in four segments: Personal Care, Consumer Tissue, K-C Professional & Other, and Health Care. The company has a P/E ratio of 18.1, above the average consumer non-durables industry P/E ratio of 17.3 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Kimberly-Clark as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, solid stock price performance and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Kimberly-Clark Ratings Report. See our dividend calendar or top-yielding stocks list.