Kimberly-Clark is trading roughly flat today, moving in line with a broader trend of modest gains across the consumer defensive sector as peers like Colgate-Palmolive and Church & Dwight also see positive movement.
The stock is receiving support from its status as a fortress dividend stock, with investors seeking shelter in reliable payouts as rising 10-year Treasury yields continue to put pressure on rate-sensitive equities. While competitor Thinx announced a new product line in the period underwear category overnight, there is