
Kimberly-Clark Corporation
KMB40 yrs growthConsumer Defensive · Household & Personal Products · Stock · quarterly payer
Forward Yield
4.67%
Annual Dividend
$5.12
Payout Ratio
100%
5-Yr Growth
3.3%
Ex-Date
Sep 4, 2026
Frequency
Quarterly
Key facts about KMB's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Kimberly-Clark Corporation (KMB) has a forward dividend yield of 4.67%, based on an annual dividend of $5.12 per share and a share price of $109.63.
- As of Oct 27, 2026, KMB's dividend safety grade from SmarterDividends is A (80 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Kimberly-Clark Corporation (KMB) has raised its dividend for 40 consecutive years as of Oct 27, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
- KMB has never cut its regular dividend in the payment history SmarterDividends has on record.
- KMB's most recent ex-dividend date was Sep 4, 2026, for a dividend of $1.28 per share.
- As of Oct 27, 2026, KMB pays out 100% of its trailing 12-month earnings as dividends (its payout ratio).
- KMB's dividend has grown at an average rate of 3.3% a year over the past five years.
- As of Oct 27, 2026, KMB's 4.67% yield is 28% above its five-year average yield of 3.65%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for KMB is $134.59 per share, 23% above the $109.63 share price, so KMB screens as undervalued.
- Kimberly-Clark Corporation (KMB) pays its dividend quarterly, 4 times a year.
- Kimberly-Clark Corporation (KMB) has raised its regular dividend 42 times and cut it 0 times across the 168 payments on record since 1985. Its most recent change was a 1.6% increase to $1.28 per share, going ex-dividend on Mar 6, 2026.
- Kimberly-Clark (KMB) has declared its first higher dividend of the year in January in 5 of the last 5 years; its most recent raise, 1.6%, was declared on Jan 27, 2026.
Cite this page
SmarterDividends, "KMB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/KMB
Summary
As of Oct 27, 2026, Kimberly-Clark Corporation (KMB) yields 4.67% ($5.12 a year per share), has a dividend safety grade of A (80/100) and has 40 consecutive years of dividend increases on record.
Is KMB a good dividend stock?
YesKimberly-Clark Corporation (KMB) pays a quarterly dividend yielding 4.67% ($5.12/yr), with 40 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 40 consecutive years of growth
- Never cut its dividend on record
- Top-tier dividend safety score
Risks
- Elevated payout ratio (100%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.67%
- Payout Ratio
- 100%
- Annual Dividend
- $5.12
- 5-Yr Avg Growth
- 3.3%
- Ex-Dividend Date
- Sep 4, 2026
- Years of Growth
- 40
- Frequency
- quarterly
- Beta
- 0.28
- Market Cap
- $36.4B
- P/E Ratio
- 21.6
- 5-Yr Total Return
- -15%
- 52-Week Range
- $92.42 – $123.09
- Dividend Safety
- A · 80/100
- Ever Cut?
- No
KMB dividend raises and cuts
Kimberly-Clark Corporation (KMB) has raised its regular dividend 42 times and cut it 0 times across the 168 payments on record since 1985. Its most recent change was a 1.6% increase to $1.28 per share, going ex-dividend on Mar 6, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 6, 2026 | Raise | $1.26 → $1.28 | +1.6% |
| Mar 7, 2025 | Raise | $1.22 → $1.26 | +3.3% |
| Mar 7, 2024 | Raise | $1.18 → $1.22 | +3.4% |
| Mar 9, 2023 | Raise | $1.16 → $1.18 | +1.7% |
| Mar 3, 2022 | Raise | $1.14 → $1.16 | +1.8% |
| Mar 4, 2021 | Raise | $1.07 → $1.14 | +6.5% |
| Mar 5, 2020 | Raise | $1.03 → $1.07 | +3.9% |
| Mar 7, 2019 | Raise | $1.00 → $1.03 | +3.0% |
| Mar 8, 2018 | Raise | $0.970 → $1.00 | +3.1% |
| Mar 8, 2017 | Raise | $0.920 → $0.970 | +5.4% |
| Mar 2, 2016 | Raise | $0.880 → $0.920 | +4.5% |
| Mar 4, 2015 | Raise | $0.840 → $0.880 | +4.8% |
Show all 42 changes since 1986
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Dec 3, 2014 | Raise | $0.805 → $0.840 | +4.3% |
| Mar 5, 2014 | Raise | $0.777 → $0.805 | +3.7% |
| Mar 6, 2013 | Raise | $0.709 → $0.777 | +9.5% |
| Mar 7, 2012 | Raise | $0.671 → $0.709 | +5.7% |
| Mar 2, 2011 | Raise | $0.633 → $0.671 | +6.1% |
| Mar 3, 2010 | Raise | $0.575 → $0.633 | +10.0% |
| Mar 4, 2009 | Raise | $0.556 → $0.575 | +3.4% |
| Mar 5, 2008 | Raise | $0.508 → $0.556 | +9.4% |
| Mar 7, 2007 | Raise | $0.470 → $0.508 | +8.2% |
| Mar 8, 2006 | Raise | $0.431 → $0.470 | +8.9% |
| Mar 2, 2005 | Raise | $0.384 → $0.431 | +12.5% |
| Mar 3, 2004 | Raise | $0.326 → $0.384 | +17.6% |
| Mar 5, 2003 | Raise | $0.288 → $0.326 | +13.3% |
| Mar 6, 2002 | Raise | $0.268 → $0.288 | +7.1% |
| Mar 7, 2001 | Raise | $0.259 → $0.268 | +3.7% |
| Mar 8, 2000 | Raise | $0.249 → $0.259 | +3.8% |
| Mar 3, 1999 | Raise | $0.240 → $0.249 | +4.0% |
| Mar 4, 1998 | Raise | $0.230 → $0.240 | +4.2% |
| Mar 5, 1997 | Raise | $0.221 → $0.230 | +4.3% |
| Mar 6, 1996 | Raise | $0.216 → $0.221 | +2.2% |
| Mar 6, 1995 | Raise | $0.211 → $0.216 | +2.3% |
| Feb 28, 1994 | Raise | $0.206 → $0.211 | +2.3% |
| May 28, 1993 | Raise | $0.197 → $0.207 | +5.4% |
| Dec 2, 1991 | Raise | $0.177 → $0.197 | +10.8% |
| Mar 4, 1991 | Raise | $0.163 → $0.177 | +8.8% |
| Mar 5, 1990 | Raise | $0.156 → $0.163 | +4.6% |
| Mar 6, 1989 | Raise | $0.0959 → $0.156 | +62.5% |
| Feb 29, 1988 | Raise | $0.0863 → $0.0959 | +11.1% |
| Mar 2, 1987 | Raise | $0.0743 → $0.0863 | +16.1% |
| Mar 3, 1986 | Raise | $0.0695 → $0.0743 | +6.9% |
Frequently Asked Questions
Is KMB a good dividend stock?
Yes. Kimberly-Clark Corporation (KMB) pays a quarterly dividend yielding 4.67% ($5.12/yr), with 40 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is KMB undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, KMB's fair value is about $134.59 versus a $109.63 share price — so it looks undervalued (+23% vs. fair value).
Is KMB's dividend safe?
KMB has a dividend-safety grade of A (80/100), based on its payout coverage, free-cash-flow, 40-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is KMB's fair value?
Our blended fair-value estimate for KMB is about $134.59 per share, roughly 23% above the current $109.63 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is KMB a buy, hold, or sell?
We don't issue formal ratings, but on the data KMB screens as "yes" and undervalued. Kimberly-Clark Corporation (KMB) pays a quarterly dividend yielding 4.67% ($5.12/yr), with 40 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will KMB cut its dividend?
KMB earns a dividend-safety grade of A (80/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does KMB pay a dividend?
Yes. Kimberly-Clark Corporation pays a quarterly dividend of about $5.12 per share annually, a forward yield of roughly 4.67%.
What is KMB's dividend yield?
As of Oct 27, 2026, KMB's forward dividend yield is 4.67%, based on a $5.12 annual dividend and a $109.63 share price.
What is KMB's dividend per share?
As of Oct 27, 2026, KMB pays $5.12 per share per year, distributed on a quarterly basis.
What is KMB's dividend payout ratio?
As of Oct 27, 2026, KMB's payout ratio is 100% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has KMB grown its dividend?
As of Oct 27, 2026, KMB has increased its dividend for 40 consecutive years.
When is the next KMB ex-dividend date?
As of Oct 27, 2026, KMB's next ex-dividend date hasn't been announced. The most recent was Sep 4, 2026, for $1.28 per share.
KMB Price — Last 12 Months
Daily close
Price Return
1 Year
+1%
3 Years
-11%
5 Years
-15%
52-Week Range
$92.42 – $123.09
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is KMB worth?
Undervaluedhigh confidenceOur blended fair-value estimate for Kimberly-Clark Corporation is $134.59 per share, versus a market price of $109.63. That implies 23% of upside — a margin of safety of about 19%.
Fair Value
$134.59
Current Price
$109.63
Upside
+23%
Margin of Safety
19%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 2.1% annual free-cash-flow growth. We model 7.4% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 7.4% growth for five years fading to 2.5% over the next five, $5.07 EPS, $5.12 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
KMB Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full KMB dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 4, 2026 | Oct 2, 2026 | $1.2800 | regular |
| Jun 5, 2026 | Jul 2, 2026 | $1.2800 | regular |
| Mar 6, 2026 | Apr 2, 2026 | $1.2800 | regular |
| Dec 5, 2025 | Jan 5, 2026 | $1.2600 | regular |
| Sep 5, 2025 | Oct 2, 2025 | $1.2600 | regular |
| Jun 6, 2025 | Jul 2, 2025 | $1.2600 | regular |
| Mar 7, 2025 | Apr 2, 2025 | $1.2600 | regular |
| Dec 6, 2024 | Jan 3, 2025 | $1.2200 | regular |
| Sep 6, 2024 | Oct 2, 2024 | $1.2200 | regular |
| Jun 7, 2024 | Jul 2, 2024 | $1.2200 | regular |
| Mar 7, 2024 | Apr 2, 2024 | $1.2200 | regular |
| Dec 7, 2023 | Jan 3, 2024 | $1.1800 | regular |
| Sep 7, 2023 | Oct 3, 2023 | $1.1800 | regular |
| Jun 8, 2023 | Jul 5, 2023 | $1.1800 | regular |
Income Calculator
At $5.12 / yr per share
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