Kimberly-Clark program aids India’s ‘sanipreneurs’

December 17, 2019

Kimberly-Clark Corp. has been in business for almost 150 years and its well-known global brands are an indispensable part of everyday life.

The Kimberly-Clark (NYSE: KMB) portfolio is a collection of household names used through every age and stage: Diapers and wipes, toilet training, tissues and paper towels, feminine care and adult incontinence. The brands include Huggies, Pull-Ups, Kleenex, Kotex, Cottonelle, Poise and Depends.

In fact, one in four of the world’s population uses a Kimberly-Clark product every day, the company says. Its products are No. 1 or No. 2 in 80 of the countries where it does business. Although based in Dallas, Texas, it has 41,000 employees worldwide and roughly half of its sales are outside North America.

Kimberly-Clark is a dividend aristocrat having increased its payment in each of the last 46 years. In its latest 12 months, it had revenue of US $18.4 billion and a market capitalization of US $47 billion.

Kimberly-Clark is a key component of the Harvest Brand Leaders Plus Income ETF (TSX: HBF, HBF.U) because it ticks all the boxes of a global brand leader.

In any market, language and currency, the products resonate with buyers. It dominates in all markets and the brands are easily recognized. The marketing message is consistent, and buyers can be assured of the same quality everywhere. This creates lasting economic value by encouraging loyalty and repeat purchase.

Among the company’s initiatives is a program to improve sanitation in Latin America, Africa and India, where it is estimated that 2 billion people do not have access to toilets and clean water. In 2015 it formed the Toilet Board Coalition.  The coalition also includes Unilever and Japan’s Lixil, a water and housing products company, agencies like UNICEF and the World Bank and advocacy groups.

They fund sanitation and clean water initiatives focusing on fixing what has been built and adding new facilities to schools. A recent CNBC article noted that in India,  the initiative is helping companies and “sanipreneurs” find commercial ways to turn human waste into renewable energy.

The Harvest Brand Leaders Plus Income ETF  invests in the world’s largest brands.  As of Nov. 29, 2019, the actively managed ETF held 20 companies who are the dividend elite. The ETF’s portfolio holdings have an average dividend yield of 1.90% and a current distribution yield of 6.74%.

Harvest uses an active covered call strategy to generate the extra income.

The ETF’s monthly distributions are payable as cash or through a Distribution Reinvestment Plan (DRIP). The ETF’s management fee is 0.75%.

For more on Harvest ETFs and Harvest Portfolios Group Inc., click here.

You may also like…

Disclaimer

You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund(s) on the TSX. If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the Fund(s) and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents.

Certain statements in the Harvest Blog are forward looking Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or  “estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS.

FLS are not guarantees of future performance and are by their nature based on numerous assumptions, which include, amongst other things, that (i) the Fund can attract and maintain investors and have sufficient capital under management to effect their investment strategies, (ii) the investment strategies will produce the results intended by the portfolio managers, and (iii) the markets will react and perform in a manner consistent with the investment strategies. Although the FLS contained herein are based upon what the portfolio manager believe to be reasonable assumptions, the portfolio manager cannot assure that actual results will be consistent with these FLS.

Unless required by applicable law, Harvest Portfolios Group Inc. does not undertake, and specifically disclaim, any intention or obligation to update or revise any FLS, whether as a result of new information, future events or otherwise.

Subscribe to our newsletter and stay informed

Join Us & Stay Informed!

* indicates required

Your Preferences   (Please select all the ways you would like to hear from)


You are a *


Confirm *