Company Increases Dividend For 36th Consecutive Year
DALLAS, Feb. 21 /PRNewswire-FirstCall/ -- Kimberly-Clark Corporation
(NYSE: KMB) today said its board of directors has approved a dividend
increase of 9.4 percent. 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 April 2, 2008,
to stockholders of record on March 7, 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 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 136-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,
ddickson@kcc.com, or investors, Mike Masseth, +1-972-281-1478,
mmasseth@kcc.com, both of Kimberly-Clark Corporation
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