Top 10 Dividend Stocks to Buy Now

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Top 10 Dividend Stocks to Buy Now

Dividend Stock #4 Kimberly-Clark (KMB)

kmb Top 10 Dividend Stocks to Buy NowKimberly-Clark Corp. (NYSE: KMB) is a paper products giant, best known for brands such as Kleenex, Scott, Huggies and Kotex. It sells products in more than 150 countries.

  • Current Yield: 4.1% ($2.80 a share annually)
  • Dividend History: In July 2010, Kimberly-Clark paid a quarterly dividend of 66 cents a share. This July, it will pay 70 cents, or a 6% increase. Also, the company has paid dividends since 1935.
  • Dividend Outlook: According to Bloomberg, the three-year expected dividend growth rate of KMB is 5.6%.
  • Recent Performance: Kimberly-Clark has tracked the market so far in 2011, but has been rallying strongly in the past 30 days. KMB stock is up against a new 52-week high as of this writing.
  • Strong Outlook for Shares: Part of the reason Kimberly-Clark has been on a tear is because it raised revenue guidance in its April 25 earnings report. The company’s global reach grants it stability, and its big brand names and connection with consumers means KMB products will be in demand even if the economy sours.

Article printed from InvestorPlace Media, http://investorplace.com/2011/05/dividend-stocks-to-buy-cnk-leg-lmt-kmb-nci-rai-scg-sbgi-tal-uns/.

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