As a new dad going through plenty of diapers I couldn't help but look into the maker of Huggies diapers. We're going through an 88 pack box in about a week's time which means lots of cash leaving my pocket and going to the maker, Kimberly-Clark Corporation (NYSE:KMB).
I love consumer staples as part of the core of my portfolio and Kimberly-Clark is a company that I've always had my eye on, but have yet to add it to my portfolio. You can't get much more staple with your product lineup than diapers, Kleenex and paper towels.
Let's examine Kimberly-Clark a bit closer to see what makes them tick and how they've been able to amass a 44 year dividend growth streak. Of course a quality company doesn't mean it will make a good investment so we'll look at the valuation too.
How about that dividend?
First and foremost for dividend growth investors is the quality of the company. If a company consistently grows the dividend payment year after year there's a high likelihood that the company is high quality.
Kimberly-Clark is no exception with 44 consecutive years of increases. A streak that long is enviable and gives them the title of Dividend Champion.