This marks the 42nd consecutive year that total annual dividends paid to Clorox stockholders have increased. Last year on October 29, 2019 the company's payout sat at $1.06, … Year to date, shares are down more than 3%, meaning an investment here has mostly gone sideways in 2019, a time when the S&P 500 has gained over 25%. Clorox Increases Quarterly Dividend 10% to $1.06 Per Share 5/20/2019 OAKLAND, Calif., May 20, 2019 /PRNewswire/ -- The Clorox Company (NYSE: CLX) today announced that its board of directors has declared a 10% increase in the quarterly dividend, from 96 cents to $1.06 per share on the company's common stock. Valuation Analysis This is a remarkable achievement and a feat not many companies have attained. Summary. Clorox has an ex-dividend date set for for November 3, 2020. Dividend payouts are the biggest enticement for investors and Clorox is committed to boosting shareholders’ wealth. More CLX News. The company announced the 51st successive quarterly dividend hike. Dividend payouts are the biggest enticement for investors and Clorox is committed to boosting shareholders’ wealth. Date Rec. OAKLAND, Calif., Nov. 19, 2019 /PRNewswire/ -- The Clorox Company (NYSE: CLX) today announced that its board of directors has declared a quarterly dividend of $1.06 per share on the company's common stock. The Clorox Company (NYSE: CLX) is a leading multinational manufacturer and marketer of consumer and professional products with approximately 8,700 employees worldwide and fiscal year 2018 sales of $6.1 billion. Investors shouldn’t skip over Clorox for its low upfront yield. %���� "This double-digit increase in our dividend is on top of last year's 14% increase. OAKLAND, Calif., May 19, 2020 /PRNewswire/ -- The Clorox Company (NYSE: CLX) announced today that its board of directors has declared a 5% increase in the quarterly dividend, from $1.06 to $1.11 per share on the company's common stock. Dividend Summary. Clorox has a long history of dividend growth. Market value: $26.3 billion Dividend yield: 2.1% 5-year dividend growth rate: 10% Clorox (CLX, $208.73) is a new addition to the Argus Dividend Growth Portfolio, and it fits right in. /Length 2872 In depth view into Clorox Dividend including historical data from 1972, charts, stats and industry comps. stream The company offers a lucrative combination of booming sales, higher margins, and growing dividends. /CreationDate (D:20190521025145+00'00') Clorox is a dividend aristocrat, ... marked the 42 nd consecutive year where Clorox has increased its dividend. Clorox currently yields 2.5%, slightly above the 2.3% yield of the broader S&P 500 Index. 1 0 obj Over the past year, Clorox has seen its dividend payouts climb upward and its yields trend downward. The company also markets brands for its industry-leading healthcare and commercial cleaning products under the CloroxPro™ and Clorox Healthcare® names. 1 or No. Oct. 01, 2019 3:31 PM ET The Clorox Company (CLX) The Dividend Bro. Clorox has increased its dividend for 42 consecutive years, making it a dividend aristocrat. In the most recent quarter , Clorox reported a total revenue decline of 4% year-over-year as organic sales fell 2%, while forex translation produced a 2% headwind of its own. /Producer (EO.Pdf 18.1.41.0) There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 0.3. The stock is also attractive for income investors as it provides a dividend yield above the broader market index. "We are pleased to raise our dividend by 5%, building on nearly … The Clorox Co., parent company of Clorox Professional Products Co., has increased the quarterly dividend on its common stock 10% to US$1.06 per share. Clorox's dividend of $4.24 per share … The consumer-products company Clorox is boosting its dividend by 10%, adding some shine to a stock that hasn’t kept pace with the market lately. /Width 161 The dividend is payable Feb. 14, 2020, to stockholders of record as of the close of business on Jan. 29, 2020. /ModDate (D:20190521025145+00'00') A cash dividend payment of $0.96 per share is scheduled to be paid on February 08, … Clorox Company ( CLX ) will begin trading ex-dividend on January 22, 2019. 2 market share positions in their categories. There are typically 4 dividends per year (excluding specials). Clorox Increases Quarterly Dividend 5% to $1.11 Per Share 5/19/2020 OAKLAND, Calif., May 19, 2020 /PRNewswire/ -- The Clorox Company (NYSE: CLX) announced today that its board of directors has declared a 5% increase in the quarterly dividend, from $1.06 to $1.11 per share on the company's common stock. ... 2019 Dividend investors should be looking at smart-beta as well. More than 80% of the company's sales are generated from brands that hold the No. For 2018, CLX has rewarded shareholders with a 14.29% dividend increase of $0.12 per share, bringing their quarterly dividend to $0.96 from the previous $0.84. Consecutive Years of Dividend Increase is the number of years in a row in which there has been at least one payout increase and no payout decreases. Clorox has increased its dividend for 42 consecutive years, making it a dividend aristocrat. This increase blows past my expectations for the year of a $0.03 increase. x��\[o#I���e;��`�! The dividend is payable May 8, 2020, to stockholders of record as of the close of business on April 22, 2020. The company has grown its dividend for the last 45 consecutive years and is increasing its dividend by an average of 9.78% each year. A cash dividend payment of $0.96 per share is scheduled to be paid on. Clorox raised its dividend in May from $3.84 to $4.24 annually, a 10.4% increase from last fiscal year. Clorox (NYSE: CLX) declared a dividend payable on November 20, 2020 to its shareholders as of September 22, 2020. In the most recent quarter , Clorox reported a total revenue decline of 4% year-over-year as organic sales fell 2%, while forex translation produced a 2% headwind of its own. The stock is also attractive for income investors as it provides a dividend yield above the broader market index. Clorox Increases Quarterly Dividend 10% to $1.06 Per Share 5/20/2019 OAKLAND, Calif., May 20, 2019 /PRNewswire/ -- The Clorox Company (NYSE: CLX) today announced that its board of directors has declared a 10% increase in the quarterly dividend, from 96 … /BitsPerComponent 8 The stock boasts a … Business Analysis As a large consumer products company, Clorox's primary competitive advantages are its strong portfolio of brands, shelf space with retailers, marketing expertise, and product innovation. CLX's next quarterly dividend payment will be made to shareholders of record on Friday, February 12. Clorox is a signatory of the United Nations Global Compact, a community of global leaders committed to sustainability. endobj Granted, the coronavirus contagion helped. In February 2018, Clorox said it was raising its quarterly dividend from 84 cents to 96 cents, a 14% increase. Notably, it is a windows-and-orphan stock, with a long history of regular reliable dividends. We’re out with an initial estimate of $6.40 for fiscal 2020, representing fractional growth against 2019. Follow. This article is exclusive for subscribers . "Rewarding our stockholders has always been a priority," said Chair and CEO Benno Dorer. It will now pay out a dividend of $1.11 per share, suggesting a 5% rise from the prior rate of $1.06. Clorox Increases Quarterly Dividend 5% to $1.11 Per Share The Clorox Company (NYSE: CLX) announced today that its board of directors has declared a 5% increase in … /Subtype /Image 4.45K Followers. So in my opinion Realty Income is not likely to … The previous Clorox Co. dividend was 111c and it went ex 2 months ago and it was paid 1 month ago. The company's current dividend payout is $1.11, which equates to a dividend yield of 2.13% at current price levels. >> In fiscal 2019, the company paid out $490 million of dividends to shareholders. The Clorox Company (NYSE: CLX) is a leading multinational manufacturer and marketer of consumer and professional products with approximately 8,800 employees worldwide and … The company has grown its dividend for the last 44 consecutive years and is increasing its dividend by an average of 8.76% each year. The Clorox Company. << /Type /XObject (Some companies increase their dividends more than once a year, so this puts the most recent dividend increase in context). It represents an ongoing effort to put our strong cash flow generation to work, which emphasizes investing in long-term business growth and returning excess cash to our stockholders.". Clorox Company (CLX) Updated May 6th, 2019 by Josh Arnold Disclosure: This analyst has no position in the security discussed in this research report, and no plans to initiate one in the next 72 hours. Clorox markets some of the most trusted and recognized consumer brand names, including its namesake bleach and cleaning products; Pine-Sol® cleaners; Liquid-Plumr® clog removers; Poett® home care products; Fresh Step® cat litter; Glad® bags, wraps and containers; Kingsford® charcoal; Hidden Valley® dressings and sauces; Brita® water-filtration products; Burt's Bees® natural personal care products; RenewLife® digestive health products; and Rainbow Light®, Natural Vitality® and NeoCell® dietary supplements. This increase was at the lower end of my prediction. Date Pay. %PDF-1.4 >> !b�$�=�&ۙE��oH�'�e��h����Dy�#�{¹թS�Nl ;��Q)괫�r�s��j��:n����M��\tݴ�&�]����.�:� �3�3����� ����N=�S�.&\��uK���=��=��/��\&=w�wp����5�� ��=�ʫ&z�E���KK�.5FY�ֵ8*}7��˖.��o^�z-�Kr�/{�o�{[o�g�����]V�K�/J��@?�71�qw�F��� (/_�}��)�d�G�}썳ɏ.�fnj�ٯր��\��|�s{�4���v����EG�EE�J��\t�W}q����t�/��]O� CV�P�]��_�$���q>�{w�k�|�9Z�|�PF�r�҇'���o׽꣪2�h�y��ݗjEA�9>��6-1Kڬ�K1�ɛ]�������8�:���$�(/[�}���G�=7G�$�F Clorox Increases Quarterly Dividend 5% to $1.11 Per Share 5/19/2020 OAKLAND, Calif., May 19, 2020 /PRNewswire/ -- The Clorox Company (NYSE: CLX) announced today that its board of directors has declared a 5% increase in the quarterly dividend, from $1.06 to … Full year earnings per share is expected between $6.1 to $6.25 reflecting a 5% increase from 2019. Dividend Growth History. The dividend is payable Aug. 14, 2020, to stockholders of record as of the close of business on July 29, 2020. It has increased its dividend for 42 years in a row, including an impressive 10% increase in 2019. The historical dividend information is provided by Mergent, a third party service, and The Clorox Company does not maintain or provide information directly to this service. Late Monday, the company announced a … For more information, visit TheCloroxCompany.com, including the Good Growth blog, and follow the company on Twitter at @CloroxCo. /Height 47 The company citing the tax reform as the main driver for the significant increase and also announcing it … The Clorox Company CLX is cheering investors by enhancing shareholder returns at a time when most companies are suspending dividends and share repurchases due to the hardships posed by the coronavirus outbreak. This increase blows past my expectations for the year of a $0.03 increase. OAKLAND, Calif., May 19, 2020 /PRNewswire/ -- The Clorox Company (NYSE: CLX) announced today that its board of directors has declared a 5% increase in the quarterly dividend, from $1.06 Clorox has increased its dividend for 16 consecutive years and from $3.11/share in fiscal 2016 to $4.29/share in FYE 2020, or 8% compounded annually. Decent top line growth in fiscal 2017 and 2018, respectively, gave way to a fractional increase of just 1.4% in fiscal 2019, which concluded in the summer of calendar 2019. The dividend is payable Aug. 16, 2019, to stockholders of record as of the close of business on July 31, 2019. Decent top line growth in fiscal 2017 and 2018, respectively, gave way to a fractional increase of just 1.4% in fiscal 2019, which concluded in the summer of calendar 2019. /SMask 3 0 R The Clorox Company (NYSE: CLX) announced today that its board of directors has declared a 5% increase in the quarterly dividend, from $1.06 to $1.11 per share on the company's common stock. 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