Top 10 Dividend Stocks

4. Kimberly-Clark Corporation (NYSE:KMB)

Dividend Yield as of July 25: 3.50%

Kimberly-Clark Corporation (NYSE:KMB) produces paper-based consumer products like sanitary papers. The company also manufactures surgical and medical instruments.

In Q2 2022, Kimberly-Clark Corporation (NYSE:KMB) posted solid results, reporting cash from operations at $740 million, up from $565 million during the same period last year. The company paid $388 million in dividends during the quarter, up from $380 million paid at the end of December 2021. Kimberly-Clark Corporation (NYSE:KMB) pays a quarterly dividend of $1.16 per share, with a yield of 3.50%, as of the close of July 25. The company holds a 49-year track record of consistent dividend growth. Its current payout ratio sits at 88.4%.

At the end of Q1 2022, 33 hedge funds in Insider Monkey’s database owned stakes in Kimberly-Clark Corporation (NYSE:KMB), down from 32 in the previous quarter. These stakes are collectively valued at $604.3 million.