Kimberly Clark Corp (NYSE:KMB) announced a quarterly dividend on Thursday, February 21st. Investors of record on Friday, March 8th will be paid a dividend of $0.81 per share on Tuesday, April 2nd. This represents a $3.24 annualized dividend and a dividend yield of 3.53%.
KMB has been the subject of a number of recent research reports. Analysts at TheStreet reiterated a “buy” rating on shares of Kimberly Clark Corp in a research note to investors on Tuesday, February 12th. On the ratings front, analysts at Barclays Capital cut their price target on shares of Kimberly Clark Corp from $86.00 to $83.00 in a research note to investors on Monday, February 11th. Finally, analysts at Bank of America raised their EPS on shares of Kimberly Clark Corp in a research note to investors on Monday, February 11th. They now have a “buy” rating and a $98.00 price target on the stock.
Shares of Kimberly Clark Corp (KMB) traded up 0.38% during mid-day trading on Thursday, hitting $92.0902. Kimberly Clark Corp (KMB) has a one year low of $71.06 and a one year high of $92.67. The stock’s 50-day moving average is currently $87.92. The company has a market cap of $35.851 billion and a P/E ratio of 20.77.
Kimberly Clark Corp last posted its quarterly earnings results on Friday, January 25th. The company reported $1.37 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.35 by $0.02. The company had revenue of $5.30 billion for the quarter, compared to the consensus estimate of $5.19 billion. During the same quarter last year, the company posted $1.28 earnings per share. Kimberly Clark Corp’s revenue was up 2.5% compared to the same quarter last year. Kimberly Clark Corp has set its FY13 guidance at $5.50-5.65 EPS. Analysts expect that Kimberly Clark Corp (KMB) will post $5.59 EPS for the current fiscal year.
Kimberly-Clark Corporation (Kimberly Clark), is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers using advanced technologies in fibers, nonwovens and absorbency.
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