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Kimberly-Clark Achieves 55 Consecutive Years of Dividend Increases and Completes Kenview Acquisition

The Motley Fool +1 · ·by G4L

KMB Kimberly-Clark Corp
$110.76 -1.05%
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  1. 1Kimberly-Clark is a Dividend King that has increased its dividends for 55 consecutive years.
  2. 2Based on Kimberly-Clark's closing price of $108.43 on Friday, November 5, a $10,000 investment would allow for the purchase of 92.2 shares.
  3. 3Kimberly-Clark finalized the acquisition of Kenview for approximately $49 billion on November 2.

So what's the key point?

Kimberly-Clark has acquired Kenview for approximately $49 billion. This is a company that has consistently raised its dividends for 55 years.

Source The Motley Fool +1 · View original ↗

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