Over the past decade this dividend growth stock has delivered an annualized total return of 7% to its shareholders.
The annual dividend payment has increased by 13.60% per year over the past decade, which is higher than to the growth in EPS.
The dividend payout ratio has increased from a low of 33% in 2002 to 46% in 2011. A lower payout is always a plus, since it leaves room for consistent dividend growth minimizing the impact of short-term fluctuations in earnings.
Full Disclosure: Long CL, PG, CLX, KMB