Dividend Kings List by Yield: Top 10 Stocks

In this article, we discuss top 10 Dividend Kings by yield. If you want to read our detailed analysis of dividend stocks and their performance in the past, go directly to read Dividend Kings List by Yield: Top 25 Stocks. 

10. Kimberly-Clark Corporation (NYSE:KMB)

Dividend Yield as of November 11: 3.63%

An American multinational manufacturing company, Kimberly-Clark Corporation (NYSE:KMB) is another best dividend stock on our list. In October, Deutsche Bank lifted its price target on the stock to $120 while maintaining a Hold rating on the shares. The firm presented a bullish stance on the company’s recent earnings.

Kimberly-Clark Corporation (NYSE:KMB) has been making consistent dividend payments to its shareholders for the past 88 years. Moreover, the company extended its dividend growth streak to 50 years in 2022. Currently, it pays a quarterly dividend of $1.16 per share for a dividend yield of 3.63%, as of November 11.

During Q3 2022, Kimberly-Clark Corporation (NYSE:KMB) paid $392 million in dividends to shareholders, up from $385 million during the same period last year. The company generated $798 million in operating cash flow, compared with $782 million in the prior-year quarter.

At the end of Q2 2022, 24 hedge funds in Insider Monkey’s database owned stakes in Kimberly-Clark Corporation (NYSE:KMB), down from 33 in the previous quarter. These stakes hold a collective value of $507.2 million.