Kimberly Clark (KMB) Raises Dividend 1.7%

KMB reported fourth-quarter 2022 results, wherein the bottom line beat the Zacks Consensus Estimate and increased year over year. The company is benefiting from its growth strategy, including investments in solid brands and commercial capacities. The company’s revenue growth management efforts also helped it battle inflationary headwinds.

Adjusted earnings came in at $1.54 per share, beating the Zacks Consensus Estimate of $1.51. The bottom line rose 18% from $1.30 per share in the year-ago quarter.

Kimberly-Clark Q4 Earnings Top Estimates, Dividend Raised – Yahoo! Finance