Kimberly-Clark de Mexico SAB de CV Plans Dividend of $0.11 (OTCMKTS:KCDMY)

Key Points

• Kimberly-Clark de Mexico SAB de CV announced a dividend of $0.1121 per share, which will be distributed on October 9th to shareholders of record as of October 2nd, reflecting an impressive yield of 424.0%.
• The company's stock opened at $10.58 and has a market capitalization of $6.51 billion, alongside a price-to-earnings ratio of 17.06.
• In its last quarterly earnings report, Kimberly-Clark posted earnings per share of $0.16, falling short of the analysts' expectations by $0.01, with a net margin of 13.36%.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report) announced a dividend on Wednesday, October 1st, investing.com reports. Shareholders of record on Thursday, October 2nd will be given a dividend of 0.1121 per share by the basic materials company on Thursday, October 9th. This represents a yield of 424.0%. The ex-dividend date is Wednesday, October 1st.

Kimberly-Clark de Mexico SAB de CV Trading Up 2.9%

KCDMY opened at $10.58 on Wednesday. The firm has a market capitalization of $6.51 billion, a price-to-earnings ratio of 17.06 and a beta of 0.76. The company's 50 day simple moving average is $9.77 and its two-hundred day simple moving average is $9.14. Kimberly-Clark de Mexico SAB de CV has a 1-year low of $6.50 and a 1-year high of $10.74. The company has a debt-to-equity ratio of 4.62, a current ratio of 1.19 and a quick ratio of 0.97.

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

About Kimberly-Clark de Mexico SAB de CV

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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