Kimberly-Clark Corporation Dividends
The next dividend date for Kimberly-Clark Corporation has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Kimberly-Clark Corporation (KMB)
More About Kimberly-Clark Corporation
Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care products in the United States. It operates through three segments: North America, International Personal Care, and International Family Care and Professional. The company North America segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, facial and bathroom tissue, paper towels, napkins, wipers, tissue, towels, soaps and sanitizers, and other related products under the Huggies, Pull-Ups, GoodNites, Kotex, Poise, Depend, Kleenex, Scott, Cottonelle, Viva, Wypall, and other brand names. The International Personal Care segment provides baby and child care, adult care and feminine care, including disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Kotex, Goodfeel, Intimus, Depend and other brand names. The International Family Care and Professional segment offers facial and bathroom tissue, paper towels, napkins, wipers, tissue, towels, soaps and sanitizers, and other related products under the Kleenex, Scott, Viva, Andrex, Scottex, Wypall, and other brand names. It also sells household use products directly to supermarkets, mass merchandisers, drugstores, warehouse clubs, variety and department stores, and other retail outlets, as well as through other distributors and e-commerce; and professional use products directly to distributors, manufacturing, lodging, office building, food service, and public facilities, as well as through e-commerce. Kimberly-Clark Corporation was founded in 1872 and is headquartered in Dallas, Texas.
Owning Kimberly-Clark Corporation Stock on the Dividend Date
If you own Kimberly-Clark Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Kimberly-Clark Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Kimberly-Clark Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Kimberly-Clark Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Kimberly-Clark Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Kimberly-Clark Corporation Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Kimberly-Clark Corporation stock price from the dividend is already baked into Kimberly-Clark Corporation option prices.
That means the prices of call options that overlap the Kimberly-Clark Corporation ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Kimberly-Clark Corporation ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Kimberly-Clark Corporation call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Kimberly-Clark Corporation put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Kimberly-Clark Corporation Dividends
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