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Management Side
Kimberly-Clark Corporation
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Dallas, Texas, USA, 23 February 2010 -- Kimberly-Clark Corporation (NYSE: KMB) today said its board of directors has approved a dividend increase of 10%. This will bring the quarterly dividend to 66 cents per share, up from 60 cents per share in 2009.

The board of directors declared the dividend payable on 05 April 2010, to stockholders of record on 05 March 2010. This is the 38th consecutive year Kimberly-Clark has raised its dividend.

"Having delivered record cash flow and strong bottom-line growth in 2009, this dividend increase reflects our solid balance sheet and confidence in our ability to continue to execute our strategic business plan and generate strong cash flow going forward," said Thomas J. Falk, chairman and chief executive officer. "It also demonstrates our commitment to returning cash to our shareholders and to maintaining Kimberly-Clark's rating as a top-tier dividend payer among consumer packaged goods companies."

Kimberly-Clark and its well-known global brands are an indispensable part of life for people in more than 150 countries. To keep up with the latest K-C news and to learn more about the company's 138-year history of innovation, visit www.kimberly-clark.com.

 

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