Regicide [KVUE]
On 2023-12-06, I announced the coronation of Kenvue Inc. [KVUE], a business spun off from Dividend King Johnson & Johnson [JNJ]. KVUE inherited JNJ’s dividend streak and was crowned accordingly. Yet less than three years later, and without committing the usual crime of breaking its dividend growth record (abdication), the young monarch has fallen. Kimberly-Clark Corp. [KMB], a Dividend King in its own right, has absorbed the kingdom, ending KVUE’s brief reign as a standalone sovereign.




