The increased dividend will be paid out on Aug 14 to shareholders of record as of Jul 29, 2020. In addition, Clorox paid a quarterly dividend of $0.71 in February and May, before increasing its payout to $0.74, which it will pay to shareholders on Aug. 8. In this light, there is very strong reason to believe that Clorox will make a good dividend stock for interested individuals because it has the coveted status of dividend aristocrat. This could indicate that the company has never provided a dividend or that a dividend is pending. After a recent investor day presentation, Clorox lowered its earnings expectations for the year. Clorox Company (The) (CLX) Dividend History. Recently The Clorox Company has paid out, on average, around 48.33% of net profits as dividends. Clorox (CLX) Announces a Dividend Hike, Cheers Investors, Assessing Nikola (NKLA) Stock After Massive Selloff. In addition to comparing dividends against profits, we should inspect whether the company generated enough cash to pay its dividend. Create your Watchlist to save your favorite quotes on Nasdaq.com. After bumping up against its all-time high in August, the stock of Clorox (NYSE:CLX) lost over 10% of its value. Clorox Stock Dividend Growth Rate. Another important check we do is to see if the free cash flow generated is sufficient to pay the dividend. On an annual basis, the Clorox stock dividend payout is $4.44 per share. Date Pay. Specialty Products and International segments, include the production and marketing of non-durable consumer products sold primarily through grocery and other retail stores. LTM stands for “Last Twelve Months” and implies that the calculation uses the dividends paid over the last twelve months. Clorox Stock Dividend Yield. Investors shouldn’t skip over Clorox for its low upfront yield. Clorox's current payout ratio is 58%, meaning it paid out 58% of its trailing 12-month EPS as dividend. CLX's next quarterly dividend payment will be made to shareholders of record on Friday, February 12. node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, the complete list of today’s Zacks #1 Rank stocks here, Church Dwight Co., Inc. (CHD): Free Stock Analysis Report, The J. M. Smucker Company (SJM): Free Stock Analysis Report, General Mills, Inc. (GIS): Free Stock Analysis Report, The Clorox Company (CLX): Free Stock Analysis Report. In the last year, Clorox paid out 64% of its profit as dividends. @themotleyfool #stocks $CLX $PG, Forget Procter & Gamble, Clorox Is a Better Dividend Growth Stock, 3 Top Consumer Staples Stocks to Watch In December, Analyst Sees 34% Upside in Clorox Stock as Sales Growth Accelerates, Vaccine or Not, Wall Street is Making a Big Mistake by Selling This Stock, Copyright, Trademark and Patent Information. 67.53%. With an annual free cash flow return on investment of 31.3%, ahead of the industry’s 21%, the increased dividend is likely to be sustainable. Reinvested dividends are subject to income taxes as if they were paid to you in cash. The consumer products giant has a long history of raising its payout, but it has recently run into strong sales headwinds. Year to date, shares are down more than 3%, meaning an investment here has mostly gone sideways in 2019, a time when the S&P 500 has gained over 25%. I would like to receive Nasdaq communications related to Products, Industry News and Events.You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy. Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see The Clorox Company is about to trade ex-dividend in the next 3 days.Investors can purchase shares before the 28th of January in order to be eligible for this dividend, which will … Clorox's payout ratio is currently 30.08%. As shown in the table below, Clorox has had high dividend growth for the last 3 years. A wealth of resources for individual investors is available at www.zacks.com. His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised at the same time), but his writing also covers the broader sectors of consumer goods, technology, and industrials. Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933. Assume, you had bought 1000 worth of shares before one year on Nov 06, 2019. Clorox is a reliable dividend stock. It divides the Forward Annualized Dividend by FY1 EPS. Clorox stock trades at every bit of a premium as do its name-brand products. I may not be able to respond to every suggestion, but I do read them all! In general, profits from business operations can be allocated to retained earnings or paid to shareholders in the form of dividends or stock buybacks. Early investors stand to make a killing, but you have to be ready to act and know just where to look.See the pot trades we're targeting>>. The Clorox Company CLX is cheering investors by enhancing shareholder returns at a time when most companies are suspending dividends and share repurchases due to the hardships posed by the coronavirus outbreak. Also, higher product demand on robust customer plans and innovation will aid performance. CLX is expecting earnings to expand this fiscal year as well. The stock carries a Zacks Rank #1 (Strong Buy).Other Stocks to ConsiderThe J.M. Shares go for 23 times estimated earnings, the same as Procter & Gamble, even though the latter has been having much better success. That suggests Clorox's campaign of feel-good consumerism may not pay off as expected. You can make voluntary cash payments or automatic debits from your bank account in any amount from a minimum of $50. After bumping up against its all-time high in August, the stock of Clorox (NYSE: CLX) lost over 10% of its value. Notably, the company has a five-year annualized dividend growth rate of 8.2%, reflecting dividend increases for five consecutive years. In quarter three, which is often the time they announce dividend raises, they increased their quarterly dividend to $1.11. Looking ahead, Clorox Co has not announced an ex-dividend date yet. The Clorox Company share dividends 48%. The next Daimler AG dividend is expected to go ex in 5 months and to be paid in 5 months. Last year's total dividend payments show that Clorox has a trailing yield of 2.1% on the current share price of $209.88. nodes[i].dataset.subscription : nodes[i].getAttribute('data-subscription'); if(status ==='true') {nodes[i].checked = true;}}};var nodes = document.querySelectorAll('#form1783 select[data-value]'); if (nodes) { for (var i = 0; i < nodes.length; i++) { var node = nodes[i]; var selectedValue = node.dataset ? Date Rec. Dividends are usually paid in the form of a dividend check. To read this article on Zacks.com click here. Beyond its bleach, Clorox has a portfolio of well-known consumer products that hold the No. Income investors have probably missed the breathtaking rally of ServiceNow, as the company does not pay a dividend. See upcoming ex-dividends and access Dividata's ratings for Clorox (The) Co. Clorox has a payout ratio of 63%, which means that around two-thirds of its earnings are paid out as dividends. Click here to learn more. Clorox's current payout ratio is 58%, meaning it paid out 58% of its trailing 12-month EPS as dividend. These blue-chip stocks that pay dividends have increased their dividend payout for at least 10 years in a row and counting. A payout ratio is used to report how much of the earnings are used to pay a company's dividend. Clorox generates 80% of its revenue from its market-leading products. Based on its share price of $201.72 on May 19, Clorox currently has a dividend yield of 2.1%. These symbols will be available throughout the site during your session. The Clorox Co. CLX, +0.73% said its board has approved a 5% increase in its quarterly dividend to $1.11 a share from $1.06. Does Clorox pay a dividend on its stock? We explore these questions in detail in this guide. In this way, Amazon has climbed ahead of other similar tech stocks like Netflix (NFLX), which still does not pay a dividend (and might never) due to a lack of consistent profits. Last year, Clorox Co paid a total dividend of 4.24, and it currently has a trailing dividend yield of 2%. Clorox's current payout ratio is 58%, meaning it paid out 58% of its trailing 12-month EPS as dividend. The next Clorox Co. dividend will go ex in 27 days for 111c and will be … It allows a higher dividend to be paid to shareholders, but does limit the capital retained in the business - which could be good or bad. If you buy this business for its dividend, you should have an idea of whether Clorox's dividend is reliable and sustainable. The company recorded free cash flow of $786 million in fiscal 2019, up 0.5% from the prior year.Stock Soars in 3 MonthsClorox’s focus on innovation, a sudden rise in demand for disinfecting products stemming from the COVID-19 situation and IGNITE strategy places it well for the future. Making Sense of the U.S.-China Relationship, #TradeTalks: Drivers in Trading Transformation. Not to say that its competition has grown complacent, but Google certainly stands out as a company that has shown no intention of slowing down, and is known to continually try new projects (despite many failing). (note: this doesn’t include reinvested dividends, so the result could be so much higher!) Does Alibaba pay dividends? 2 share positions in their respective markets. back to top. Further, the company now expects organic sales growth of 6-8% versus the prior anticipation of flat to up 2%.Moreover, it remains on track with the IGNITE strategy aimed at expansion of the key elements under the 2020 Strategy to pace up innovation in each area of business. Business Analysis As a large consumer products company, Clorox's primary competitive advantages are its strong portfolio of brands, shelf space with retailers, marketing expertise, and product innovation. Dividend payout ratio: 48.33% of net profits. Part of Clorox's problem has been its reliance on higher pricing at a time when lower-cost private label goods are becoming more important to retailers. We note that shares of the company have advanced 22.9% in the past three months against the industry’s decline of 8.4%.The stock has also comfortably outperformed the Consumer Staples sector and the S&P 500 index, which have lost 15.6% and 12.4%, respectively, in the past three months. Because that’s what dividend growth stocks do. … Participation Options . The NYSE-listed company sells more than just disinfectants. It may survive any rough economic times, but at these lofty valuations, and despite the stock's pullback, there may be better prices to be had in the quarters to come. Clorox Co. (CLX) declared a quarterly dividend of $1.11 per share on the company's common stock, up 5% from the previous $1.06 per share dividend. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Comparing dividend payments to a company's net profit after tax is a simple way of reality-checking whether a dividend is sustainable. What Happens If My Stimulus Payment Goes to a Closed Bank Account? Having some February dividend payers to choose from is a good step toward a steady monthly dividend income. Driven by this, management expects to achieve long-term financial targets, including net sales growth of 2-4%, EBIT margin expansion of 25-50 basis points (bps) and free cash flow generation to be 11-13% of sales.Additionally, Clorox aims at higher cost savings annually by emphasizing more on technology and integrated design. $3.96 / 2.68%. Clorox Dividenden Nachrichten. When it comes to looking at a company’s debt profile, generally I would like to see it having little or no debt, being in a net cash position, as well as one that is able to maintain its current ratio (which is its ability to pay … Typically, a payout ratio of 30-50% is considered safe. Clorox's next dividend payment will be US$1.11 per share, on the back of last year when the company paid a total of US$4.44 to shareholders. First, we think Clorox has an acceptable payout ratio and its dividend is well covered by cashflow. The historical dividend information provided is for informational purposes only, and is not intended for trading purposes. And next year it would grow even more! In the last year, Clorox paid out 47% of its profit as dividends. Forget Procter & Gamble, Clorox Is a Better Dividend Growth Stock 3 Top Consumer Staples Stocks to Watch In December Analyst Sees 34% Upside in Clorox Stock as Sales Growth Accelerates The guiding principle, CEO Benno Dorer says, will be "Innovating for Good Growth.". The Illinois High Impact Business Dividend Designation is available here. Please see our Dividend/Stock Split history page for our latest dividend information. The brand name 'Clorox' should be a familiar one to you, with its disinfectants commonly found in supermarkets. Notably, it is a windows-and-orphan stock, with a long history of regular reliable dividends. A useful secondary check can be to evaluate whether Clorox generated enough free cash flow to afford its dividend. Do Not Sell My Personal Information (CA Residents Only). Despite an impressive record of payouts to shareholders, is the company best known for its chlorine bleach still a great dividend stock? A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future. Fwd Payout Ratio Fwd Payout Ratio is used to examine if a company’s earnings can support the current dividend payment amount. © 2021, Nasdaq, Inc. All Rights Reserved. While Dorer refers to "creating fuel" to reinvest in the business, there's no guarantee consumers will respond to its latest strategy any more than they did to the last one. That makes it seem expensive, and while an income investor might be tempted to buy in for the payout and await the turnaround, it may be smart to wait to see whether Clorox can actually ignite any growth in sales before buying in. In this post, you will find the past dividend dates and payouts. The company has grown its dividend for the last 44 consecutive years and is increasing its dividend by an average of 8.76% each year. Unfortunately, today’s list of stocks for February dividends does not include 1 or more Dividend Achievers. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. Reach Rich here. In addition, Clorox paid a quarterly dividend of $0.71 in February and May, before increasing its payout to $0.74, which it will pay to shareholders on Aug. 8. The absence of a dividend is fairly common among technology stocks, particularly in the early phases of their growth history. When has Clorox had stock splits? Clorox provides peace of mind because its business still thrives in hard times. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. The previous Daimler AG dividend was 90¢ and it went ex 6 months ago and it was paid 6 months ago. Quarter one and quarter two of 2020 Clorox declared a quarterly dividend of $1.06. The stock’s recent and rapid rise has caused the Clorox stock dividend yield to drop significantly. Clorox has increased its dividend for 42 consecutive years, making it a dividend aristocrat. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. The Clorox Co. CLX, +0.73% said its board has approved a 5% increase in its quarterly dividend to $1.11 a share from $1.06. The closing price during Nov 06, 2019 was 57.6. Does Clorox have a direct stock purchase plan? Still, even with a somewhat elevated payout ratio of 62%, Clorox's dividend appears safe. Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. How To Use This List Of Stocks That Pay Dividends In February. Select Year: ***Dividends are adjusted for the 2005 2-for-1 stock split and the 1997 2-for-1 stock split. Further, the stock is hovering close to its 52-week high of $214.26.Given these dynamics, we see no reason why Clorox, with a long-term earnings growth rate of 5.8%, cannot outperform the 52-week-high mark in the near term. If a company is paying more than it earns, the dividend might have to be cut. The consumer-products company Clorox is boosting its dividend by 10%, adding some shine to a stock that hasn’t kept pace with the market lately. Intel Corporation (INTC) paid a dividend of 0.03 per share on Nov 05, 2020. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. CLX's next quarterly dividend payment will be made to shareholders of record on Friday, February 12. Can I buy shares of Clorox stock through the company? Analysts also think Clorox will grow earnings over the next five years at half the rate it did during the last five. Where it looked like it may have resolved its issues earlier in 2019, and it raised its dividend 10%, the past few quarters were disappointing once again as organic sales have fallen below expectations. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. Clorox has had several stock splits over our history with the latest being on August 23, 1999. CLX dividend history, yield, payout ratio, and stock fundamentals. Read full definition. Clorox Company's business operations, represented by the aggregate of its U.S. Household Products and Canada, U.S. Clorox paid out more than half (61%) of its earnings last year, which is a regular payout ratio for most companies. As noted, its history is formidable, with over 50 straight years of payouts and consecutive annual increases since 1977, making it a Dividend Aristocrat, or a company that's hiked its payout annually for 25 years or more. Right now does not appear to be a good buying opportunity, as Clorox stock trades significantly above its 10-year average and at ~124% of our fair value estimate. You can purchase shares before the 3rd of November in order to receive the dividend, which the company will pay on the 20th of November. And now management has a new program to turn the business around, called the IGNITE Strategy, which supplements a product-focused outlook with one centered on social issues, including the environment. Where should I direct inquires regarding dividend payments, lost certificates, IRS Form 1099, changes in address, name or ownership? Dividend History for Clorox Co. (CLX) Ticker | Expand Research on CLX. 23.09.20: Clorox schüttet seit 51 Jahren eine Dividende aus: 20.05.20: Clorox erhöht die Dividende: 20.11.19: Dividendenaristokrat Clorox schüttet 1,06 … Encouragingly, it now projects sales growth of 4-6% compared with the prior estimation of a low-single-digit decline to a 1% rise. In fiscal 2019, the company paid out $490 million of dividends to shareholders.The latest hike also reflects Clorox’s solid cash position that is used to return value to shareholders (through higher dividends and regular buybacks) as well as reinvesting in the business. Enter up to 25 symbols separated by spaces. But you need stocks that pay dividends during each month of the year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. The Clorox pays an annual dividend of $4.44 per share, with a dividend yield of 2.20%. Smucker Company SJM has an expected long-term earnings growth rate of 2.2% and a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank stocks here.Church & Dwight Co., Inc. CHD has an expected long-term earnings growth rate of 8.2% and a Zacks Rank #2 (Buy).General Mills GIS is also a Zacks Rank #2 stock, which has a long-term earnings growth rate of 7.5%.Looking for Stocks with Skyrocketing Upside?Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Clorox's dividend of $4.24 per share is currently yielding almost 2.9% annually. With many companies, it's easy to wonder how a business will be able to continue paying dividends in the event of a market downturn or recession. That being said, one of the biggest reasons why Google does not currently pay a dividend is that it wishes to continue its expansion into new ventures. The company announced the 51st successive quarterly dividend hike. It will now pay out a dividend of $1.11 per share, suggesting a 5% rise from the prior rate of $1.06. It will now pay out a dividend of $1.11 per share, suggesting a 5% rise from the prior rate of $1.06. You might think of that as not being shareholder-friendly, but a company's decision to pay a dividend … But wait, it gets better… Stocks That Pay Dividends In February, May, August, and November. Such cost-saving and pricing actions should continue to support its investment in long-term brands and category growth.Summing UpClorox’s impressive fundamentals and strong footing in the industry along with a solid portfolio make it a favored stock. Option 1: New Account Investment Option 2: Existing Account Investment; A): … Think an article needs a correction? @/i, failureMessage: "A valid email address is required", negate: "true"});var dom2 = document.querySelector('#form1783 #field2');var field2 = new LiveValidation(dom2, {validMessage: "", onlyOnBlur: false, wait: 300});field2.add(Validate.Presence, {failureMessage:"This field is required"});var dom5 = document.querySelector('#form1783 #field5');var field5 = new LiveValidation(dom5, {validMessage: "", onlyOnBlur: false, wait: 300});field5.add(Validate.Custom, {against: function(value) {return !value.match(/(telnet|ftp|https?):\/\/(?:[a-z0-9][a-z0-9-]{0,61}[a-z0-9]\.|[a-z0-9]\. Dividend Summary. 1 or No. It will probably be several more years until it does. Yet you can't rely upon history alone, because plenty of companies with storied histories of dividend payments have cut or suspended their payouts, including Citigroup, General Electric, and General Motors. Of course, every stock on the list is a February dividend payer. The Clorox Company CLX is cheering investors by enhancing shareholder returns at a time when most companies are suspending dividends and share repurchases due to the hardships posed by the coronavirus outbreak. A complete stock split history for Caterpillar is available here. Amazon’s earnings-per-share exceeded $23 in 2019, which means the company has reached a new level of profitability. Stocks that commonly pay dividends are more established companies that don’t need to reinvest all of their profits. Note: We have rounded the number of shares because you cannot purchase a fractional number of shares. The Clorox Company’s Debt Profile between FY2014/15 and FY2019/20. #TradeTalks: How Is 2021 Positioned to Kick off the New Trading Year? To summarise, shareholders should always check that Clorox's dividends are affordable, that its dividend payments are relatively stable, and that it has decent prospects for growing its earnings and dividend. There is typically 1 dividend per year (excluding specials), and the dividend cover is approximately 2.6. Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by Clorox. You can also reinvest all or part of the cash dividends of your Clorox Common Stock. No dividend. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. CLX is expecting earnings to expand this fiscal year as well. Today, that discovery is still the heart of the Zacks Rank. In its conventional sense, dividends refer to the distribution of some of Clorox's net earnings … The company has a leadership position across its product markets, with potential for some measure of growth. The company has grown its dividend for the last 45 consecutive years and is increasing its dividend by an average of 9.78% each year. The new dividend will … These include cleaning agents like Pine-Sol and Formula 409, as well as Brita water filters and Kingsford charcoal. Plus, you’d be earning $18,623 in dividends this year. Based on its share price of $201.72 on May 19, Clorox currently has a dividend yield of 2.1%. Get historical dividends through 1986. Clorox has increased its dividend 4 times on a year-over-year basis over the last 5 years for an average annual increase of 8.36%. But it's coming at the expense of national consumer product companies, like Clorox. It will now pay out a dividend of $1.11 per share, suggesting a 5% rise from the prior rate of $1.06. Moreover, the company’s current dividend payout ratio is 62.2%. Earnings growth looks solid for CLX for this fiscal year. Any look at whether Clorox should be considered a dividend investment should start with its record. Dividend Benchmarks. The raised guidance reflects expectations of favorable COVID-19 impacts. In depth view into Clorox Dividend including historical data from 1972, charts, stats and industry comps. It draws further investor attention through its regular dividend payouts and commitment to enhance shareholder returns. The Clorox Company (CLX) Dividend Growth History: By month or year. 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