Kimberly-Clark (NYSE: KMB) offers a generous dividend yield of 3.6%, more than twice what an exchange-traded fund (ETF) based on the S&P 500 index would offer investors today. That yield is also at the high end of the company's historical yield range. Is it time to add some of this company's stock to your portfolio?

From a business standpoint, the consumer staples giant is not exciting. At its core, Kimberly-Clark takes wood and turns it into paper products or similar items. Some of its best-known brands include Kleenex tissues, Scott toilet paper, Kotex feminine hygiene products, Huggies diapers, and Depend adult incontinence protection. There's probably nothing on that list you would spend much time thinking about -- but depending on your life stage, every item may be vital.

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Source Fool.com