Clorox Declares Regular Quarterly Dividend of $1.11 Per Share

Rhea-AI Summary

The Clorox Company (NYSE: CLX) announced a quarterly dividend of $1.11 per share, payable on February 12, 2021, to stockholders recorded by January 27, 2021. This marks the 51st consecutive year of dividend payments since Clorox's independence, emphasizing its commitment to shareholder value. With fiscal year 2020 sales at $6.7 billion, Clorox is a leading multinational brand recognized for its trusted consumer products. The company also actively contributes to community initiatives, donating over $25 million in fiscal 2020.

Positive

• Declaring quarterly dividend of $1.11 per share, indicating strong shareholder returns.
• 51st consecutive year of dividend payments, showcasing Clorox's commitment to investors.
• Sales reached $6.7 billion in fiscal year 2020, reflecting robust business performance.

Negative

• None.

OAKLAND, Calif., Nov. 17, 2020 /PRNewswire/ -- The Clorox Company (NYSE: CLX) announced today that its board of directors has declared a quarterly dividend of $1.11 per share on the company's common stock. The dividend is payable Feb. 12, 2021, to stockholders of record as of the close of business on Jan. 27, 2021.

Clorox has a long history of providing value to its shareholders through regular dividend increases. This is the 51^st consecutive year Clorox has paid an annual dividend – ever since it became independent again following a decade of ownership by another company.

The Clorox Company

The Clorox Company (NYSE: CLX) is a leading multinational manufacturer and marketer of consumer and professional products with about 8,800 employees worldwide and fiscal year 2020 sales of $6.7 billion. 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 and wraps; Kingsford^® charcoal; Hidden Valley® dressings and sauces; Brita^® water-filtration products; Burt's Bees^® natural personal care products; and RenewLife^®, Rainbow Light^®, Natural Vitality Calm™, NeoCell^® and Stop Aging Now^® vitamins, minerals and supplements. The company also markets industry-leading products and technologies for professional customers, including those sold under the CloroxPro™ and Clorox Healthcare^® brand names. More than 80% of the company's sales are generated from brands that hold the No. 1 or No. 2 market share positions in their categories.

Clorox is a signatory of the United Nations Global Compact and the Ellen MacArthur Foundation's New Plastics Economy Global Commitment. The company has been broadly recognized for its corporate responsibility efforts, named to the 2020 Axios Harris Poll 100 reputation rankings, Barron's 2020 100 Most Sustainable Companies list, and the Human Rights Campaign's 2020 Corporate Equality Index, among others. In support of its communities, The Clorox Company and its foundations contributed more than $25 million in combined cash grants, product donations and cause marketing in fiscal year 2020. For more information, visit TheCloroxCompany.com, including the Good Growth blog, and follow the company on Twitter at @CloroxCo.

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SOURCE The Clorox Company

FAQ

What is the dividend amount declared by Clorox for Q1 2021?

Clorox declared a dividend of $1.11 per share.

When will Clorox's dividend be paid?

The dividend will be paid on February 12, 2021.

What is the record date for Clorox's dividend payment?

The record date for the dividend is January 27, 2021.

How many consecutive years has Clorox paid dividends?

Clorox has paid dividends for 51 consecutive years.

What were Clorox's sales figures for fiscal year 2020?

Clorox reported sales of $6.7 billion for fiscal year 2020.