Clorox Co (CLX) has a quarterly dividend of $4.88, yielding above 4% based on its current stock price of $121.22. Historically, dividends have provided a significant portion of the stock market's total return. The company has been growing its dividend for over 20 years consecutively.
Clorox Company (NYSE: CLX) has recently released its quarterly dividend, which stands at $4.88 per share. This dividend represents a yield of approximately 4% based on the current stock price of $121.22. Historically, dividends have been a significant contributor to the stock market's total return, and Clorox has demonstrated a consistent track record of dividend growth over the past two decades.
The company's quarterly dividend has been steadily increasing, reflecting its strong financial performance and commitment to shareholder returns. This consistent dividend growth is a testament to Clorox's robust business model and its ability to generate steady cash flows. Investors looking for income-generating investments may find Clorox an attractive option given its high dividend yield and history of dividend growth.
In addition to its attractive dividend yield, Clorox has also seen a significant increase in institutional ownership. According to recent filings, Cornerstone Wealth Group LLC, Venturi Wealth Management LLC, Global Retirement Partners LLC, Ieq Capital LLC, MONECO Advisors LLC, and Y Intercept Hong Kong Ltd. have all increased their stakes in the company [1]. These investments underscore the confidence that institutional investors have in Clorox's long-term prospects.
Clorox's financial performance has been closely watched by Wall Street analysts, who have provided a range of target prices and ratings for the stock. While some analysts have downgraded their price targets, others have maintained their ratings, indicating a mixed outlook on the stock. Despite these varying opinions, the consensus rating remains "Hold" with a target price of $151.23 [1].
In conclusion, Clorox Company's high dividend yield and historical dividend growth make it an appealing option for income-focused investors. However, potential investors should also consider the company's financial performance, market conditions, and analyst ratings when making investment decisions.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-cornerstone-wealth-group-llc-has-377-million-stock-position-in-the-clorox-company-nyseclx-2025-06-24/
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