Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Shares Gap Up - Here's What Happened

Key Points

• Kimberly-Clark de Mexico SAB de CV shares experienced a gap up, opening at $10.53, an increase from the previous close of $10.08.
• The company reported a 0.16 EPS for the quarter, missing the consensus estimate of $0.17, with a total revenue of $749.76 million.
• A dividend of $0.1121 has been announced, with a staggering dividend yield of 424.0% set to be paid on October 9th to investors of record on October 2nd.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $10.08, but opened at $10.53. Kimberly-Clark de Mexico SAB de CV shares last traded at $10.53, with a volume of 200 shares.

Kimberly-Clark de Mexico SAB de CV Stock Up 0.3%

The stock has a market cap of $6.22 billion, a PE ratio of 16.31 and a beta of 0.79. The business has a 50 day moving average price of $9.86 and a 200 day moving average price of $9.22. The company has a quick ratio of 0.97, a current ratio of 1.19 and a debt-to-equity ratio of 4.62.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report) last announced its earnings results on Friday, July 18th. The basic materials company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.01). Kimberly-Clark de Mexico SAB de CV had a return on equity of 135.47% and a net margin of 13.36%.The firm had revenue of $749.76 million for the quarter, compared to the consensus estimate of $14.27 billion.

Kimberly-Clark de Mexico SAB de CV Announces Dividend

The business also recently announced a dividend, which will be paid on Thursday, October 9th. Investors of record on Thursday, October 2nd will be issued a $0.1121 dividend. This represents a dividend yield of 424.0%. The ex-dividend date is Wednesday, October 1st. Kimberly-Clark de Mexico SAB de CV's payout ratio is presently 80.65%.

Kimberly-Clark de Mexico SAB de CV Company Profile

Kimberly-Clark de México, S. A. B. de C. V., together with its subsidiaries, manufactures, distributes, and markets disposable products in Mexico. The company offers baby diapers, training pants, swim pants, wet wipes, shampoos, creams, bar soaps, and feeding products. It also provides toilet papers, napkins, facial tissues, paper towels, feminine pads, panty liners, tampons, intimate wipes, and menstrual cups.

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