Feb 23, 2010. /Lesprom Network/. Kimberly-Clark Corporation said its Board of Directors has approved a dividend increase of 10%. This will bring the quarterly dividend to 66 cents per share, up from 60 cents per share in 2009, company said in a statement received by Lesprom Network. The Board of Directors declared the dividend payable on April 5, 2010, to stockholders of record on March 5, 2010. This is the 38th consecutive year Kimberly-Clark has raised its dividend. "Having delivered record cash flow and strong bottom-line growth in 2009, this dividend increase reflects our solid balance sheet and confidence in our ability to continue to execute our strategic business plan and generate strong cash flow going forward," said Thomas J. Falk, Chairman and CEO. "It also demonstrates our commitment to returning cash to our shareholders and to maintaining Kimberly-Clark's rating as a top-tier dividend payer among consumer packaged goods companies." Kimberly-Clark Corporation is an American corporation that produces mostly paper-based consumer products.