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. To read this article on Zacks.com click here. And now management has a new program to turn the business around, called the IGNITE Strategy, which supplements a product-focused outlook with one centered on social issues, including the environment. Dividend Benchmarks. Income investors have probably missed the breathtaking rally of ServiceNow, as the company does not pay a dividend. Dividends are usually paid in the form of a dividend check. The Illinois High Impact Business Dividend Designation is available here. Driven by this, management expects to achieve long-term financial targets, including net sales growth of 2-4%, EBIT margin expansion of 25-50 basis points (bps) and free cash flow generation to be 11-13% of sales.Additionally, Clorox aims at higher cost savings annually by emphasizing more on technology and integrated design. Clorox Co. (CLX) declared a quarterly dividend of $1.11 per share on the company's common stock, up 5% from the previous $1.06 per share dividend. 2 share positions in their respective markets. The increased dividend will be paid out on Aug 14 to shareholders of record as of Jul 29, 2020.The latest dividend hike of 5% brings its annualized dividend to $4.24 per share versus the prior rate of $3.84. The company recorded free cash flow of $786 million in fiscal 2019, up 0.5% from the prior year.Stock Soars in 3 MonthsClorox’s focus on innovation, a sudden rise in demand for disinfecting products stemming from the COVID-19 situation and IGNITE strategy places it well for the future. Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see The Clorox Company is about to trade ex-dividend in the next 3 days.Investors can purchase shares before the 28th of January in order to be eligible for this dividend, which will … Clorox Stock Dividend Growth Rate. See upcoming ex-dividends and access Dividata's ratings for Clorox (The) Co. 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. Cumulative Growth of a $10,000 Investment in Stock Advisor, Is Clorox a Great Dividend Stock? 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. Does Clorox pay a dividend on its stock? Further, the stock is hovering close to its 52-week high of $214.26.Given these dynamics, we see no reason why Clorox, with a long-term earnings growth rate of 5.8%, cannot outperform the 52-week-high mark in the near term. In this way, Amazon has climbed ahead of other similar tech stocks like Netflix (NFLX), which still does not pay a dividend (and might never) due to a lack of consistent profits. In depth view into Clorox Dividend including historical data from 1972, charts, stats and industry comps. Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by Clorox. Returns as of 01/06/2021. Dividend History for Clorox Co. (CLX) Ticker | Expand Research on CLX. 2020-2021 Federal Tax Brackets and Tax Rates, var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /(^[A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~][A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~\.]{0,62}@(([A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])?)(\.[A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])? Note: We have rounded the number of shares because you cannot purchase a fractional number of shares. That suggests Clorox's campaign of feel-good consumerism may not pay off as expected. It allows a higher dividend to be paid to shareholders, but does limit the capital retained in the business - which could be good or bad. With many companies, it's easy to wonder how a business will be able to continue paying dividends in the event of a market downturn or recession. 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. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. The next Clorox Co. dividend will go ex in 27 days for 111c and will be … Please see our Dividend/Stock Split history page for our latest dividend information. The brand name 'Clorox' should be a familiar one to you, with its disinfectants commonly found in supermarkets. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. The Clorox Company share dividends 48%. Yes! Recently The Clorox Company has paid out, on average, around 48.33% of net profits as dividends. If a company is paying more than it earns, the dividend might have to be cut. Also, higher product demand on robust customer plans and innovation will aid performance. You can also reinvest all or part of the cash dividends of your Clorox Common Stock. In quarter three, which is often the time they announce dividend raises, they increased their quarterly dividend to $1.11. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. But you need stocks that pay dividends during each month of the year. CLX is expecting earnings to expand this fiscal year as well. The NYSE-listed company sells more than just disinfectants. A complete stock split history for Caterpillar is available here. It will probably be several more years until it does. The increased dividend will be paid out on Aug 14 to shareholders of record as of Jul 29, 2020. Any look at whether Clorox should be considered a dividend investment should start with its record. In fiscal 2019, the company paid out $490 million of dividends to shareholders.The latest hike also reflects Clorox’s solid cash position that is used to return value to shareholders (through higher dividends and regular buybacks) as well as reinvesting in the business. A payout ratio is used to report how much of the earnings are used to pay a company's dividend. Smucker Company SJM has an expected long-term earnings growth rate of 2.2% and a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank stocks here.Church & Dwight Co., Inc. CHD has an expected long-term earnings growth rate of 8.2% and a Zacks Rank #2 (Buy).General Mills GIS is also a Zacks Rank #2 stock, which has a long-term earnings growth rate of 7.5%.Looking for Stocks with Skyrocketing Upside?Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. 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. With an annual free cash flow return on investment of 31.3%, ahead of the industry’s 21%, the increased dividend is likely to be sustainable. Will it ever pay them, and does it even need to? The Clorox Company’s Debt Profile between FY2014/15 and FY2019/20. Moreover, the company’s current dividend payout ratio is 62.2%. Clorox Dividenden Nachrichten. Who is Clorox's transfer agent? 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. Analysts also think Clorox will grow earnings over the next five years at half the rate it did during the last five. Clorox's payout ratio is currently 30.08%. While Dorer refers to "creating fuel" to reinvest in the business, there's no guarantee consumers will respond to its latest strategy any more than they did to the last one. After bumping up against its all-time high in August, the stock of Clorox (NYSE:CLX) lost over 10% of its value. The next Daimler AG dividend is expected to go ex in 5 months and to be paid in 5 months. The raised guidance reflects expectations of favorable COVID-19 impacts. LTM stands for “Last Twelve Months” and implies that the calculation uses the dividends paid over the last twelve months. These include cleaning agents like Pine-Sol and Formula 409, as well as Brita water filters and Kingsford charcoal. Date Pay. Clorox has increased its dividend for 42 consecutive years, making it a dividend aristocrat. Companies (usually) pay dividends out of their earnings. In this light, there is very strong reason to believe that Clorox will make a good dividend stock for interested individuals because it has the coveted status of dividend aristocrat. (note: this doesn’t include reinvested dividends, so the result could be so much higher!) Typically, a payout ratio of 30-50% is considered safe. There is typically 1 dividend per year (excluding specials), and the dividend cover is approximately 2.6. Moreover, the company’s current dividend payout ratio is 62.2%.Dividend payouts are the biggest enticement for investors and Clorox is committed to boosting shareholders’ wealth. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. The company announced the 51st successive quarterly dividend hike. 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. Where should I direct inquires regarding dividend payments, lost certificates, IRS Form 1099, changes in address, name or ownership? The previous Daimler AG dividend was 90¢ and it went ex 6 months ago and it was paid 6 months ago. Product demand on robust customer plans and innovation will aid performance paying more than it earns, the payout. Considered a dividend or that a dividend investment should start with its disinfectants commonly found supermarkets... A useful secondary check can be to evaluate whether Clorox generated enough free cash flow it produces 'll be. 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