Clorox Company's business operations, represented by the aggregate of its U.S. Household Products and Canada, U.S. The Clorox pays an annual dividend of $4.44 per share, with a dividend yield of 2.20%. In addition, Clorox paid a quarterly dividend of $0.71 in February and May, before increasing its payout to $0.74, which it will pay to shareholders on Aug. 8. LTM stands for “Last Twelve Months” and implies that the calculation uses the dividends paid over the last twelve months. As noted, its history is formidable, with over 50 straight years of payouts and consecutive annual increases since 1977, making it a Dividend Aristocrat, or a company that's hiked its payout annually for 25 years or more. Clorox Stock Dividend Yield. Clorox has increased its dividend 4 times on a year-over-year basis over the last 5 years for an average annual increase of 8.36%. In addition, Clorox paid a quarterly dividend of $0.71 in February and May, before increasing its payout to $0.74, which it will pay to shareholders on Aug. 8. A wealth of resources for individual investors is available at www.zacks.com. Dividend Summary. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future. A useful secondary check can be to evaluate whether Clorox generated enough free cash flow to afford its dividend. Dividend History for Clorox Co. (CLX) Ticker | Expand Research on CLX. CLX's next quarterly dividend payment will be made to shareholders of record on Friday, February 12. (note: this doesn’t include reinvested dividends, so the result could be so much higher!) There is typically 1 dividend per year (excluding specials), and the dividend cover is approximately 2.6. Comparing dividend payments to a company's net profit after tax is a simple way of reality-checking whether a dividend is sustainable. Does Alibaba pay dividends? Intel Corporation (INTC) paid a dividend of 0.03 per share on Nov 05, 2020. The Clorox Co. CLX, +0.73% said its board has approved a 5% increase in its quarterly dividend to $1.11 a share from $1.06. The next Clorox Co. dividend will go ex in 27 days for 111c and will be … Yet you can't rely upon history alone, because plenty of companies with storied histories of dividend payments have cut or suspended their payouts, including Citigroup, General Electric, and General Motors. $3.96 / 2.68%. No dividend. Further, the company now expects organic sales growth of 6-8% versus the prior anticipation of flat to up 2%.Moreover, it remains on track with the IGNITE strategy aimed at expansion of the key elements under the 2020 Strategy to pace up innovation in each area of business. Part of Clorox's problem has been its reliance on higher pricing at a time when lower-cost private label goods are becoming more important to retailers. That suggests Clorox's campaign of feel-good consumerism may not pay off as expected. Select Year: ***Dividends are adjusted for the 2005 2-for-1 stock split and the 1997 2-for-1 stock split. Does Clorox have a direct stock purchase plan? It will now pay out a dividend of $1.11 per share, suggesting a 5% rise from the prior rate of $1.06. nodes[i].dataset.subscription : nodes[i].getAttribute('data-subscription'); if(status ==='true') {nodes[i].checked = true;}}};var nodes = document.querySelectorAll('#form1783 select[data-value]'); if (nodes) { for (var i = 0; i < nodes.length; i++) { var node = nodes[i]; var selectedValue = node.dataset ? You can make voluntary cash payments or automatic debits from your bank account in any amount from a minimum of $50. The stock carries a Zacks Rank #1 (Strong Buy).Other Stocks to ConsiderThe J.M. 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. Notably, it is a windows-and-orphan stock, with a long history of regular reliable dividends. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. If you buy this business for its dividend, you should have an idea of whether Clorox's dividend is reliable and sustainable. A complete stock split history for Caterpillar is available here. Moreover, the company’s current dividend payout ratio is 62.2%. The new dividend will … Clorox's current payout ratio is 58%, meaning it paid out 58% of its trailing 12-month EPS as dividend. But wait, it gets better… Stocks That Pay Dividends In February, May, August, and November. Create your Watchlist to save your favorite quotes on Nasdaq.com. The Clorox Co. CLX, +0.73% said its board has approved a 5% increase in its quarterly dividend to $1.11 a share from $1.06. 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. CLX is expecting earnings to expand this fiscal year as well. Option 1: New Account Investment Option 2: Existing Account Investment; A): … Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. CLX is expecting earnings to expand this fiscal year as well. 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. Clorox's current payout ratio is 58%, meaning it paid out 58% of its trailing 12-month EPS as dividend. Clorox's dividend of $4.24 per share is currently yielding almost 2.9% annually. 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