Kimberly-Clark Corporation (NASDAQ: KMB) Surpasses Earnings Expectations and Announces Dividend Increase

Core Insights - Kimberly-Clark Corporation reported earnings per share of $1.86, exceeding estimates of $1.39, driven by effective cost control and consistent demand for essential products [1][5] - The company announced an increase in its quarterly dividend to $1.28 per share, marking the 54th consecutive year of dividend growth [2][5] - Kimberly-Clark is planning a strategic acquisition of Kenvue to enhance its market position in the health and wellness sector [3][5] Financial Metrics - The company has a price-to-earnings (P/E) ratio of approximately 17.04, indicating investor confidence in its earnings potential [4] - The price-to-sales ratio is about 1.86, while the enterprise value to sales ratio is around 2.22 [4] - The debt-to-equity ratio is notably high at about 5.44, suggesting significant reliance on debt financing, and the current ratio is approximately 0.77, indicating potential challenges in covering short-term liabilities [4]