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
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
dg,
ReplyDeleteHell yeah! Now if Procter can match the raise that would be great!!
MDP