Clorox Declares Regular Quarterly Dividend of $1.16 Per Share

Rhea-AI Summary

The Clorox Company (NYSE: CLX) announced a quarterly dividend of $1.16 per share, payable on Feb. 11, 2022, to stockholders of record on Jan. 26, 2022. This marks nearly 20 consecutive years of dividend increases and over 50 years of annual payments, reflecting the company’s commitment to providing value to shareholders. Clorox reported fiscal year 2021 sales of $7.3 billion and has a diverse product portfolio with brands holding top market shares.

Positive

• Quarterly dividend of $1.16 per share demonstrates commitment to shareholder value.
• Nearly 20 consecutive years of dividend increases signify financial stability.
• Over 50 consecutive years of annual dividends reflect a strong track record.

Negative

• None.

OAKLAND, Calif., Nov. 16, 2021 /PRNewswire/ -- The Clorox Company (NYSE: CLX) announced today that its board of directors has declared a quarterly dividend of $1.16 per share on the company's common stock. The dividend is payable Feb. 11, 2022, to stockholders of record as of the close of business on Jan. 26, 2022.

Clorox has a long history of providing value to its stockholders through regular dividends. The company has increased its dividend for nearly 20 consecutive years and has paid an annual dividend for more than 50 consecutive years.

The Clorox Company

The Clorox Company (NYSE: CLX) is a leading multinational manufacturer and marketer of consumer and professional products with about 9,000 employees worldwide and fiscal year 2021 sales of $7.3 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^® grilling products; Hidden Valley^® dressings and sauces; Brita^® water-filtration products; Burt's Bees^® natural personal care products; and RenewLife^®, Rainbow Light^®, Natural Vitality CALM™, and NeoCell^® 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, included on the Barron's 2020 100 Most Sustainable Companies list, 2021 Bloomberg Gender-Equality Index, the Human Rights Campaign's 2021 Corporate Equality Index and the 2021 Parity.org Best Places for Women to Advance list, among others. In support of its communities, The Clorox Company and its foundations contributed about $20 million in combined cash grants, product donations and cause marketing in fiscal year 2021. For more information, visit TheCloroxCompany.com 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 the upcoming quarter?

Clorox has declared a quarterly dividend of $1.16 per share.

When is the dividend payable for Clorox?

The dividend is payable on February 11, 2022.

When is the record date for Clorox's dividend?

The record date for the dividend is January 26, 2022.

How long has Clorox been increasing its dividends?

Clorox has increased its dividends for nearly 20 consecutive years.

What were Clorox's sales figures for fiscal year 2021?

Clorox reported sales of $7.3 billion for fiscal year 2021.