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The Clorox Company (NYSE:CLX) announced today that its board of directors has declared an increase to its quarterly dividend from $1.24 to $1.25 per share on the company's common stock. The dividend is payable
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Read original at benzingaClorox has increased its dividend for the 49th consecutive year and is positioned as an attractive value stock for income investors. The company's acquisition of Purell, completion of its ERP system overhaul, and strong projected free cash flow generation support its dividend sustainability. Despite challenging consumer spending conditions, Clorox trades at a valuation of 16.8x fiscal 2027 earnings guidance and is on track to become a Dividend King in 2027.
Read original at the-motley-foolUBS analyst Peter Grom maintains Clorox (NYSE:CLX) with a Neutral and raises the price target from $100 to $105.
Read original at benzingaJP Morgan analyst Andrea Teixeira maintains Clorox (NYSE:CLX) with a Underweight and raises the price target from $92 to $95.
Read original at benzinga