Clorox Company Announces Robust Quarterly Dividend Strategy
Clorox Company Declares Quarterly Dividend
The Clorox Company (NYSE: CLX) has officially declared a quarterly dividend of $1.22 per common share, reflecting its ongoing commitment to delivering value to its shareholders. This announcement comes as the company continues its strong tradition of regular dividend payouts, a commitment that has allowed it to cultivate a loyal shareholder base over the years.
Dividend Details and Payment Information
The recently declared dividend is not just a figure; it represents the company’s dedication to its investors. Shareholders will receive this payment on February 14, 2025. Those who are registered shareholders by the close of business on January 29, 2025, will be eligible to receive the dividend. This reflects the company's structured approach to ensuring that its investors receive timely returns on their investment.
A History of Dividend Consistency
Clorox has a long-standing history of providing value to its shareholders. The company has prioritized regular dividend payments and annual increases, highlighting its reliability and stability in the consumer goods market. Each year, the board evaluates the financial performance of the company to ensure that dividends can be sustained and, if possible, increased.
About The Clorox Company
The Clorox Company has been a trusted name in household products since its inception. With a portfolio that includes popular brands such as Brita, Burt's Bees, Clorox, Fresh Step, Glad, Hidden Valley, Kingsford, Liquid-Plumr, and Pine-Sol, it caters to a wide range of consumers looking for quality. The company also markets international brands such as Clorinda, Chux, and Poett, showcasing its expansive reach.
Commitment to Sustainability
Headquartered in Oakland, California, Clorox has established itself not only as a leader in the market but also as a company dedicated to sustainability. In 2024, it received recognition by being ranked No. 1 on Barron's 100 Most Sustainable Companies list for the second consecutive year. This highlights not only its operational excellence but also its commitment to integrating environmental, social, and governance (ESG) factors into its business model. This makes it a company that not only focuses on profits but also on the wellbeing of its community and the environment.
Investing in Clorox
Investors looking for a reliable company that has a robust track record of sustainability and value creation may find Clorox an appealing option. The regular dividends, like the recently announced $1.22 per share, serve as an indicator of the company’s financial health and its commitment to rewarding shareholders. Moreover, Clorox's focus on high-quality products and sustainability efforts positions it well in the competitive landscape of consumer goods.
Frequently Asked Questions
What is the amount of Clorox's quarterly dividend?
The quarterly dividend declared by Clorox is $1.22 per share.
When will the dividend be paid out?
The dividend is scheduled to be paid on February 14, 2025.
What is Clorox's approach to dividends?
Clorox has a strong tradition of regular dividend payments and annual increases, reflecting its commitment to shareholder value.
What brands are owned by Clorox?
Clorox owns several popular brands including Brita, Burt's Bees, Clorox, Fresh Step, Glad, and Hidden Valley.
What sustainability recognition has Clorox received?
In 2024, Clorox was ranked No. 1 on Barron's 100 Most Sustainable Companies list for the second consecutive year.
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