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Strategies & Market Trends : Dividend investing for retirement

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To: Kip S who wrote (3862)2/23/2010 1:36:00 PM
From: chowder  Read Replies (1) of 34328
 
Kimberly-Clark (KMB) Increases Quarterly Dividend 10% to $0.66; Yields 4.4%

Feb 23, 2010 11:46AM

Kimberly-Clark Corporation (NYSE:KMB - News) today said its board of directors has approved a dividend increase of 10 percent. This will bring the quarterly dividend to $0.66 per share, up from $0.60 per share in 2009. The increase represents an annualized rate of $2.64.

The board of directors declared the dividend payable on April 5, 2010, to stockholders of record on March 5, 2010. The ex-dividend date is March 3, 2010.

Yield on the dividend is 4.4%.
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