By Colin Kellaher
Kimberly-Clark Corp. on Wednesday said its board raised the quarterly dividend by 1.7%, to $1.18 from $1.16.
The new payout, equal to $4.72 a year, represents an annual yield of about 3.51% based on Tuesday's closing price of $134.63, up from 3.45%.
The Irving, Texas, consumer-products maker said the increased dividend is payable April 4 to shareholders of record March 10.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
01-25-23 0759ET