The Clorox Company (NYSE:CLX) Declares $1.24 Quarterly Dividend

The Clorox Company (NYSE:CLX) announced a quarterly dividend on Tuesday, November 18th. Stockholders of record on Wednesday, January 28th will be given a dividend of 1.24 per share on Friday, February 13th. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend is Wednesday, January 28th.

Clorox has raised its dividend by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 47 consecutive years. Clorox has a dividend payout ratio of 72.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Clorox to earn $7.12 per share next year, which means the company should continue to be able to cover its $4.96 annual dividend with an expected future payout ratio of 69.7%.

Clorox Price Performance

Clorox stock opened at $100.42 on Wednesday. The business has a 50 day simple moving average of $116.67 and a 200 day simple moving average of $122.95. The company has a debt-to-equity ratio of 5.15, a current ratio of 0.84 and a quick ratio of 0.57. The company has a market capitalization of $12.25 billion, a PE ratio of 15.41, a price-to-earnings-growth ratio of 0.92 and a beta of 0.52. Clorox has a one year low of $99.63 and a one year high of $171.37.

Clorox (NYSE:CLX) last released its quarterly earnings data on Monday, November 3rd. The company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.07. Clorox had a return on equity of 377.86% and a net margin of 11.40%.The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same period in the prior year, the company posted $1.86 earnings per share. The business’s revenue for the quarter was down 18.9% compared to the same quarter last year. Clorox has set its FY 2026 guidance at 5.950-6.300 EPS. On average, sell-side analysts forecast that Clorox will post 7.15 EPS for the current fiscal year.

About Clorox

The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Health and Wellness, Household, Lifestyle, and International. The Health and Wellness segment offers cleaning products, such as laundry additives and home care products primarily under the Clorox, Clorox2, Scentiva, Pine-Sol, Liquid-Plumr, Tilex, and Formula 409 brands; professional cleaning and disinfecting products under the CloroxPro and Clorox Healthcare brands; professional food service products under the Hidden Valley brand; and vitamins, minerals and supplement products under the RenewLife, Natural Vitality, NeoCell, and Rainbow Light brands in the United States.