Kimberly-Clark Corporation
KMB40 yrs growthConsumer Defensive · Stock · quarterly payer
Forward Yield
5.20%
Annual Dividend
$5.12
Payout Ratio
100%
5-Yr Growth
3.3%
Ex-Date
Sep 4, 2026
Frequency
Quarterly
Summary
As of September 2026, Kimberly-Clark Corporation (KMB) yields 5.20% ($5.12 per share annually), with a blended fair-value estimate of $155.25 — +48% upside, so it screens as undervalued. Dividend safety grade: B (77/100). 40 years of dividend growth.
Is KMB a good dividend stock?
YesKimberly-Clark Corporation (KMB) pays a quarterly dividend yielding 5.20% ($5.12/yr), with 40 years of growth and a dividend-safety grade of B. 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
Risks
- Elevated payout ratio (100%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.20%
- 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
- 0.27
- Market Cap
- $32.6B
- P/E Ratio
- 19.4
- 5-Yr Total Return
- -26%
- 52-Week Range
- $92.42 – $129.87
- Dividend Safety
- B · 77/100
- Ever Cut?
- No
Frequently Asked Questions
KMB Price — Last 12 Months
Daily close
Price Return
1 Year
-21%
3 Years
-19%
5 Years
-26%
52-Week Range
$92.42 – $129.87
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 $155.25 per share, versus a market price of $104.96. That implies 48% of upside — a margin of safety of about 32%.
Fair Value
$155.25
Current Price
$104.96
Upside
+48%
Margin of Safety
32%
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 -3.2% annual free-cash-flow growth. We model 7.9% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 7.9% stage-1 growth, 2.5% terminal growth, $5.06 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
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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 4, 2026 | — | $1.2800 | regular |
| Jun 5, 2026 | — | $1.2800 | regular |
| Mar 6, 2026 | — | $1.2800 | regular |
| Dec 5, 2025 | — | $1.2600 | regular |
| Sep 5, 2025 | — | $1.2600 | regular |
| Jun 6, 2025 | — | $1.2600 | regular |
| Mar 7, 2025 | — | $1.2600 | regular |
| Dec 6, 2024 | — | $1.2200 | regular |
| Sep 6, 2024 | — | $1.2200 | regular |
| Jun 7, 2024 | — | $1.2200 | regular |
| Mar 7, 2024 | — | $1.2200 | regular |
| Dec 7, 2023 | — | $1.1800 | regular |
| Sep 7, 2023 | — | $1.1800 | regular |
| Jun 8, 2023 | — | $1.1800 | regular |
Income Calculator
At $5.12 / yr per share
