Kimberly-Clark (NYSE:KMB)

Kimberly-Clark is an American company founded in 1872 which primarily produces consumer products for personal care and hygiene from recycled paper. Kimberly-Clark Company's trademarks include Kleenex facial tissues, Kotex feminine hygiene products, Cottonelle toilet paper, Wypall wet wipes, KimWipes scientific cleaning wipes, and Huggies disposable diapers. Located in Irving, Texas, it employs approximately 63,900 people. (source Wikipedia)

Kimberly-Clark has many qualities that interest us in a dividend payer. First, the company offers a generous long-term yield of 4.13%. The dividend has also been increased for 36 consecutive years. The distribution rate remains correct, at 60.22%, which leaves room for the company in the event of a difficult transition. The volatility of the share is perfectly in line with our risk tolerance, at 10.26%. Only the growth in distributions in the medium term is a little disappointing, at 7.43%.

Kimberly-Clark has been beating the market since the early 1980s, achieving a very appreciable profitability of +2'400%Like many values, the title has been marking time, in a wide corridor, since the year 2000, which has allowed the Price/Earnings ratio to be lowered to very attractive levels currently (P/E = 14.70).

KMB is a quality title to be retained if we already have it in our portfolio. The relatively modest dividend growth, which depends on earnings growth, means that for the moment our analysis model does not consider Kimberly-Clark as a buying opportunity. But that could change quite quickly.