Feb 23, 2006. /Lesprom Network/. Kimberly-Clark Corporation said its board of directors has approved a dividend increase of 8.9%. This will bring the quarterly dividend to 49 cents per share, up from 45 cents per share in 2005. The board of directors declared the dividend payable on April 4, 2006, to stockholders of record on March 10, 2006. This is the 34th consecutive year Kimberly-Clark has raised its dividend. "Today's announcement reflects K-C's solid balance sheet and confidence in our continuing ability to generate strong cash flow," said Thomas J. Falk, chairman and CEO. "This increase is in line with our long-term business plan objectives and keeps us in the top-tier of consumer products companies in terms of dividend payout."