Clorox Announces Consistent Dividend with Shareholder Benefits
Clorox Declares Quarterly Dividend of $1.22 per Share
The Clorox Company (NYSE: CLX) has announced that its board of directors has declared a quarterly dividend of $1.22 per share on the company’s common stock. This dividend showcases Clorox's ongoing commitment to returning value to its shareholders. It reflects not only the company’s strong financial performance but also its strategic focus on providing consistent shareholder returns.
Payable Details and Shareholder Impact
The declared dividend is set to be payable on November 7 of this year, to shareholders who are on record by the close of business on October 23. This structured approach to dividend payments illustrates the company's efficient management and financial planning, ensuring that shareholders are recognized for their loyalty and investment.
Clorox's Commitment to Shareholders
Clorox has established a long-standing history of delivering value to its investors, characterized by regular dividend payments and annual increases over the years. This commitment emphasizes the company's dedication to maintaining a sustainable and rewarding investment strategy for its shareholders.
History of Value Creation
Since its inception, Clorox has prioritized its shareholders through consistent dividends, showcasing its solid business model and effective management practices. This historical commitment has fostered trust and long-term relationships with investors, encouraging continuous investment in Clorox.
About The Clorox Company
The Clorox Company (NYSE: CLX) champions the well-being of individuals and families with its diverse range of trusted brands. These brands include Brita, Burt's Bees, Clorox, Fresh Step, Glad, Hidden Valley, Kingsford, Liquid-Plumr, and Pine-Sol, to name a few, along with numerous international favorites such as Clorinda, Chux, and Poett. Headquartered in Oakland, California, Clorox is a pioneer in integrating Environmental, Social, and Governance (ESG) factors into its business strategy.
Sustainability Leadership
Clorox has been recognized for its commitment to sustainable practices and social responsibility. In 2024, it was ranked No. 1 on Barron's 100 Most Sustainable Companies list, reinforcing its position as a leader in responsible business operations. The focus on sustainability reflects Clorox's mission to promote health and wellness not only to its customers but also to the communities it serves.
Conclusion
In conclusion, Clorox continues to demonstrate its commitment to shareholder value through the declaration of its quarterly dividend. This strategy, combined with a strong focus on sustainability and trusted brand integrity, establishes Clorox as a formidable player in the consumer goods market. As they move forward, Clorox will likely keep fostering this commitment to ensure that both the company and its shareholders can thrive together.
Frequently Asked Questions
What is the dividend amount declared by Clorox?
Clorox has declared a quarterly dividend of $1.22 per share on its common stock.
When will the dividend be payable?
The dividend is set to be payable on November 7 to shareholders who are on record by the close of business on October 23.
How has Clorox demonstrated its commitment to shareholders?
Clorox has consistently provided regular dividend payments and annual increases, showcasing its dedication to returning value to stockholders.
What brands fall under the Clorox Company?
Clorox's brand portfolio includes popular names such as Brita, Burt's Bees, Clorox, Fresh Step, Kingsford, and many international brands.
What recognition has Clorox received for sustainability?
Clorox was ranked No. 1 on Barron's 100 Most Sustainable Companies list for 2024, reflecting its focus on sustainable practices.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.