Kimberly-Clark De México, S. A. B. De C. V. Approves the Payment of Cash Dividend
April 20, 2018 at 09:30 am EDT
Share
The shareholders meeting of Kimberly-Clark de México, S. A. B. de C. V. approved the payment of a MXN 1.58 per share cash dividend. This amount is in line with last year's dividend and reflects the commitment to distributing cash to the shareholders, while maintaining a healthy capital structure.
Kimberly-Clark de Mexico SAB de CV is a Mexico-based company is engaged in the manufacture of personal care products. Its activities are divided into three segments: Consumer products, Professional and healthcare, as well as Export. The Consumer products division focuses on the manufacture and distribution of disposable products for daily use, such as diapers, feminine pads, incontinence care products, kitchen towels, napkins and wet wipes; baby and child care products, such as baby wipes, shampoos, lotions and feeding products, and home products, such as antibacterial gels, food wraps and bar soaps. Its brand names portfolio includes Huggies, KleenBebe, Kleenex, Kimlark, Petalo, Cottonelle, Depend, Kotex and Evenflo, among others. The Professional and healthcare division offers personal care products to commercial customers, including managers of hotels, restaurants, offices and hospitals. The Export division is responsible for the international trade, mainly in the United States.