Tariff Troubles Are No Match for This Dividend King's Rock-Solid High-Yield Payout
Earnings seasons are excellent opportunities to get updates on where companies are and where they could be headed. This earnings season carries extra importance as a lot has changed in the last three months that could throw a wrench into companies' near-term guidance.Consumer staples giant Kimberly-Clark (NYSE: KMB) just reported weaker-than-expected results and cut its full-year outlook. The company has dozens of everyday-use brands and professional products centered on paper -- from paper towels and toilet paper to diapers and feminine products.Steady demand for Kimberly-Clark's products, no matter what the economy is doing, has allowed the company to raise its dividend for 53 consecutive years, earning it a coveted spot on the list of Dividend Kings. The stock yields a hefty 3.8% as of this writing -- making it a solid source of passive income.Continue reading
Earnings seasons are excellent opportunities to get updates on where companies are and where they could be headed. This earnings season carries extra importance as a lot has changed in the last three months that could throw a wrench into companies' near-term guidance.
Consumer staples giant Kimberly-Clark (NYSE: KMB) just reported weaker-than-expected results and cut its full-year outlook. The company has dozens of everyday-use brands and professional products centered on paper -- from paper towels and toilet paper to diapers and feminine products.
Steady demand for Kimberly-Clark's products, no matter what the economy is doing, has allowed the company to raise its dividend for 53 consecutive years, earning it a coveted spot on the list of Dividend Kings. The stock yields a hefty 3.8% as of this writing -- making it a solid source of passive income.
