DALLAS, Feb. 21 /PRNewswire-FirstCall/ -- Kimberly-Clark Corporation
(NYSE: KMB) today said its board of directors has approved a dividend
increase of 8.2 percent. This will bring the quarterly dividend to 53 cents
per share, up from 49 cents per share in 2006.
The board of directors declared the dividend payable on April 3, 2007,
to stockholders of record on March 9, 2007. This is the 35th consecutive
year Kimberly-Clark has raised its dividend.
"We continue to run our business in a financially disciplined manner
and today's announcement reflects K-C's solid balance sheet and confidence
in our ability to generate strong cash flow," said Thomas J. Falk, chairman
and chief executive officer. "This increase is in line with our long-term
business plan objectives and, in terms of dividend payout, maintains our
top-tier ranking among consumer packaged goods companies."
Kimberly-Clark and its well-known global brands are an indispensable
part of life for people 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. With brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex
and Depend, Kimberly- Clark holds the No. 1 or No. 2 share positions in
more than 80 countries. To keep up with the latest K-C news and to learn
more about the company's 135- year history of innovation, visit
http://www.kimberly-clark.com .
SOURCE Kimberly-Clark Corporation
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Related links:
http://www.kimberly-clark.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/19991117/KMBLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
media, Dave Dickson, +1-972-281-1481, or
ddickson@kcc.com , or investors, Mike Masseth, +1-972-281-1478,
or mmasseth@kcc.com , both of Kimberly-Clark Corporation
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