Clorox hikes dividend by 1.7%

Dividend Aristocrat Clorox (CLX) will raise its quarterly dividend by 1.7 percent to $1.18 per share in 2022. The dividend is payable Aug. 12, 2022, to stockholders of record as of the close of business on July 27, 2022.

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

The dividend yield for Clorox is 3.3% at a stock price of $144.

The Clorox Company is a manufacturer and marketer of consumer and professional products. The Company's principal products include household cleaning and bleach products, charcoal, cat litter, automotive care products, dressings, and trash bags. Its brands include Pine-Sol cleaners; Liquid Plumr clog removers; Poett home care products; Fresh Step cat litter; Glad bags, wraps and containers; Kingsford charcoal; Hidden Valley dressings and sauces; Brita water-filtration products; Burt's Bees natural personal care products; and Renew Life digestive health products.