Guru Companies Raising Dividends: Kimberly-Clark Corporation, Praxair Inc., Energen Corporation, SJW Corp., El Paso Pipeline Partners
KimberlyClark Corp. (KMB)
Kimberly-Clark Corporation (KMB), which engages in the manufacture and marketing of health and hygiene products worldwide, announced that a high single-digit to low double-digit increase in the dividend is anticipated effective April 2010, subject to approval by the Board of Directors. The stock currently yields 3.90%.
Kimberlyclark Corp. has a market cap of $24.49 billion; its shares were traded at around $58.95 with a P/E ratio of 12.5 and P/S ratio of 1.3. The dividend yield of Kimberlyclark Corp. stocks is 4.1%. Kimberlyclark Corp. had an annual average earning growth of 4.9% over the past 10 years. GuruFocus rated Kimberlyclark Corp. the business predictability rank of 3.5-star.
KimberlyClark Corp. is owned by 5 Gurus: Richard Aster Jr, Brian Rogers, Robert Olstein, Dodge & Cox and NWQ Managers
Recently, Chairman of the Board and CEO Thomas J Falk sold 406,770 shares of KMB stock on 11/09/2009 and 203,384 shares on 10/23/2009. Senior VP & CFO Mark A Buthman sold 40,000 shares of KMB stock on 11/09/2009. Other insiders also sold the company’s stocks.
Praxair Inc. (PX)