10 Best Consumer Staples Dividend Stocks To Invest In

6. Kimberly-Clark Corporation (NYSE:KMB)

Number of Hedge Fund Holders: 50

Kimberly-Clark Corporation (NYSE:KMB) is a Texas-based multinational consumer goods and personal care company that offers related products and services to its consumers. The company enjoys strong brand recognition with well-known products such as Huggies, Pull-Ups, and Kleenex, which reinforce its global presence across both retail and professional markets. It is now prioritizing its core business segments, enhancing product innovation, and adapting quickly to evolving consumer demands. In the past 12 months, the stock has surged by over 15.6%.

In the fourth quarter of 2024, Kimberly-Clark Corporation (NYSE:KMB) posted revenue of $4.9 billion, surpassing analyst projections of $4.85 billion by 1.5%. However, its adjusted earnings per share (EPS) came in at $1.50, just below the expected $1.51. Despite challenges from foreign currency fluctuations and strategic divestitures, the company demonstrated revenue resilience, supported by a 2.3% rise in organic sales. Efforts to optimize pricing strategies and enhance its product mix also played a positive role.

Kimberly-Clark Corporation (NYSE:KMB)’s cash position also came in strong. In FY24, the company generated an operating cash flow of $3.2 billion. Moreover, it paid $2.6 billion to shareholders through dividends and share repurchases. On January 28, the company declared a 3.3% hike in its quarterly dividend to $1.26 per share. This marked the company’s 52nd consecutive year of dividend growth, which makes KMB one of the best dividend stocks on our list. As of February 24, the stock supports a dividend yield of 3.6%.