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Markets · Investing · Business
Finance
This Consumer Staples Giant's Dividend Streak Rivals PepsiCo. Nobody Talks About It.
Kimberly Clark(NASDAQ: KMB) isn't a household name, although the consumer staples giant's products are in most households. It's also not that well-known among investors, even though it has a streak of 54 consecutive years of dividend increases, rivaling PepsiCo(NASDAQ: PEP). PepsiCo has far greater brand recognition because almost everyone knows its namesake beverage, whereas few would associate Huggies, Kleenex, and Cottonelle with Kimberly Clark.
Here's a closer look at this Dividend King (a company with 50 or more years of consecutive annual dividend increases), which deserves more attention from dividend investors.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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