Clorox Increases Quarterly Dividend 5% to $1.16 Per Share

Rhea-AI Summary

The Clorox Company (NYSE: CLX) has announced a 5% increase in its quarterly dividend, raising it from $1.11 to $1.16 per share. This dividend is set to be paid on August 13, 2021, to stockholders who are recorded by July 28, 2021. Clorox maintains a strong dividend history, having increased it for nearly 20 consecutive years and paid an annual dividend for more than 50 years. With fiscal year 2020 sales of $6.7 billion, the company continues to provide value to its shareholders through reliable dividends.

Positive

• 5% increase in quarterly dividend to $1.16 per share
• Increased dividend for nearly 20 consecutive years
• Paid annual dividends for over 50 years
• Fiscal year 2020 sales of $6.7 billion

Negative

• None.

OAKLAND, Calif., June 2, 2021 /PRNewswire/ -- The Clorox Company (NYSE: CLX) announced today that its board of directors has declared a 5% increase in the quarterly dividend, from $1.11 to $1.16 per share on the company's common stock. The dividend is payable Aug. 13, 2021, to stockholders of record as of the close of business on July 28, 2021.

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 – ever since it became independent again following a decade of outside ownership.

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^® 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™, 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, listed No. 1 on the 2020 Axios Harris Poll 100 reputation rankings and included on the Barron's 2021 100 Most Sustainable Companies list, 2021 Bloomberg Gender-Equality Index and the Human Rights Campaign's 2021 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.

CLX-F

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/clorox-increases-quarterly-dividend-5-to-1-16-per-share-301304693.html

SOURCE The Clorox Company

FAQ

What is the new dividend amount for Clorox (CLX)?

The new dividend amount for Clorox (CLX) is $1.16 per share.

When is the dividend payment date for Clorox (CLX)?

The dividend payment date for Clorox (CLX) is August 13, 2021.

What is the record date for Clorox (CLX) dividends?

The record date for Clorox (CLX) dividends is July 28, 2021.

How long has Clorox (CLX) been increasing its dividends?

Clorox (CLX) has been increasing its dividends for nearly 20 consecutive years.

What were Clorox's sales for fiscal year 2020?

Clorox's sales for fiscal year 2020 were $6.7 billion.