The Clorox Company (NYSE:CLX) Raises Dividend to $1. 25 Per Share
The Clorox Company (NYSE:CLX) declared a quarterly dividend on Friday, July 31st. Investors of record on Wednesday, August 12th will be given a dividend of 1. 25 per share on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 4. 8%. The ex-dividend date of this dividend is Wednesday, August 12th. This is a 0. 8% increase from Clorox's previous quarterly dividend of $1. 24.
The Clorox Company(NYSE:CLX-Get Free Report) announced a quarterly dividend on Friday, July 31st. Shareholders of record on Wednesday, August 12th will be paid a dividend of 1. 25 per share on Friday, August 28th. This represents a c) annualized dividend and a yield of 4. 8%. The ex-dividend date is Wednesday, August 12th. This is a 0. 8% increase from Clorox's previous quarterly dividend of $1. 24. 5 High-Yield Stocks That Could Help Cushion Market VolatilityClorox has increased its dividend by an average of 0. 0%annually over the last three years and has increased its dividend annually for the last 47 consecutive years. Clorox has a payout ratio of 73. 3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Clorox to earn $6. 43 per share next year, which means the company should continue to be able to cover its $5. 00 annual dividend with an expected future payout ratio of 77. 8%. GetCloroxalerts:Clorox Trading Up 0. 1%CLXopened at $105. 24 on Monday. The company has a current ratio of 0. 66, a quick ratio of 0. 38 and a debt-to-equity ratio of 15. 80. The firm has a market cap of $12. 73 billion, a price-to-earnings ratio of 21. 83, a PEG ratio of 3. 13 and a beta of 0. 54. Clorox has a 12 month low of $84. 70 and a 12 month high of $128. 90. The stock has a fifty day moving average price of $96. 41 and a 200-day moving average price of $103. 42. 3 Defensive Stocks to Buy as Economic Uncertainty LingersClorox (NYSE:CLX-Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The company reported $1. 66 earnings per share for the quarter, beating analysts' consensus estimates of $1. 64 by $0. 02. The company had revenue of $1. 95 billion for the quarter, compared to the consensus estimate of $1. 91 billion. Clorox had a return on equity of 522. 23% and a net margin of 8. 74%. The firm's revenue for the quarter was down 2. 0% compared to the same quarter last year. During the same quarter last year, the company earned $2. 87 earnings per share. Clorox has set its FY 2027 guidance at 5. 700-6. 000 EPS. As a group, equities research analysts anticipate that Clorox will post 5. 82 earnings per share for the current fiscal year. About Clorox(Get Free Report)The Clorox Company is a leading manufacturer and marketer of consumer and professional products designed to help people care for their homes and live healthy, sustainable lives. Its portfolio spans cleaning and household products, food and beverages, water filtration systems and cat litter, serving both retail and institutional customers. The company's flagship bleach and disinfecting products are well known in the United States and many international markets, where they help prevent the spread of germs in homes, hospitals, schools and businesses. 3 Dividend Stocks Raising Payouts—and Backing It Up With ResultsClorox's diverse brand lineup includes liquid bleach and surface cleaners, eco-friendly cleaning tools, food preservation and preparation items, charcoal grills and briquettes, specialty foods and beverages, pet care products and personal care lines. Featured ArticlesFive stocks we like better than CloroxAlbemarle’s Blowout Quarter Shows Why Lithium Still MattersCan DICK'S Turn Foot Locker Into a Winner?Why Dutch Bros Plunged Despite a Q2 Earnings Beat and Record RevenueTake-Two’s Q1 Results Leave GTA 6 Bulls Stuck in the Fog of WarThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat. com. Continue following MarketBeatAdd MarketBeat as your preferred source on Google to see our latest stories in your feed. Should You Invest $1,000 in Clorox Right Now?Before you consider Clorox, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified thefive stocksthat top analysts are quietly whispering to their clients to buy now before the broader market catches on. . . and Clorox wasn't on the list. While Clorox currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks HereThe space race is growing fast, and you don’t have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important. Get This Free Report