Staff report

The board of directors of Kimberly-Clark Corporation declared a regular quarterly dividend of $1.26 per share on Thursday.

The dividend is payable in cash July 2 to stockholders of record at the close of business June 6.

This represents the 91st consecutive year Kimberly-Clark has paid a dividend to shareholders and the 53rd consecutive year it has increased its dividend.

Also on Thursday, the company announced it will build an $800 million advanced manufacturing facility on the former RG Steel property, located in Howland and Warren townships. Approximately 500 full-time, permanent jobs are anticipated to be created with a projected annual payroll of $49.1 million.

Construction is expected to begin this month. Completion will take two to three years, the company said.