Today KMB declared a quarterly dividend of $0.97 per share, or $3.88 annualized. This is a 5.43% increase from the prior dividend of $0.92.
The dividend will be payable on April 4, 2017, to stockholders of record on March 10, 2017, with an ex-dividend date of March 8, 2017.
Since I currently own 40.16 shares my yearly dividends will increase by $8.03. This is the second increase for this year from my portfolio.
2017 Dividend raises
- OHI: 1.64% --- $3.20
- KMB: 5.43% --- $8.03
Total yearly dividend increase --- $11.23
Perfect timing as I bought a small position yesterday and it is up big today. Cheers! One of the few times I have been right with market timing.
ReplyDeleteAnonymous,
DeleteCongrats! It's nice to see the big up move, but I'm ok with the prices falling $10 or and adding more! :-)
MDP
Awesome!
ReplyDeletedg,
DeleteHell yeah! Now if Procter can match the raise that would be great!!
MDP
I'll never complain about a dividend raise. From an old time dividend stalwart like KMB this increase suits me just fine.
ReplyDeleteDivHut,
DeleteI know you love the staples and with good reason!
MDP