Clorox (NYSE:CLX) Declares Quarterly Dividend Of US$1 Per Share Payable May 9

Clorox (NYSE:CLX) announced a quarterly dividend of $1.22 per share, which underscores its commitment to returning value to shareholders while maintaining financial stability. This announcement coincides with the company’s shares increasing by 1.46% over the past week, a period marked by market fluctuations as major U.S. stock indexes displayed mixed results. While the Dow Jones experienced a modest 0.7% uptick, sectors such as semiconductors faced challenges following Nvidia’s earnings and the announcement of tariff implementations by the U.S. government. Notably, the broader market experienced a 3.6% decline over the week. Clorox's resilience, demonstrated by its share price performance, contrasts with the prevailing market sentiment, providing a positive signal to investors amid economic uncertainties. The dividend affirmation, coupled with steadiness against wider market volatility, likely played an influential role in the recent appreciation of Clorox's stock price.

Dig deeper into the specifics of Clorox here with our thorough analysis report.

Over the last three years, Clorox achieved a total shareholder return of 16.70%, reflecting steady performance amid various market challenges. This return mixes both share price appreciation and the regular distribution of dividends, signaling consistent value provided to shareholders.

In February 2025, Clorox declared a quarterly dividend, following substantial growth in earnings where net income doubled from Q2 of the previous year, reaching US$193 million. Earnings growth was influenced by increased net profit margins, climbing to 6.4%, and investments in innovative products like EcoClean Disinfecting Wipes launched in January 2025. However, Clorox faced some headwinds, underperforming both the broader US market and the Household Products industry over the last year. Additionally, the December 2023 product liability lawsuit concerning Pine-Sol may have also weighed on Clorox’s market performance. These factors combined to shape Clorox’s long-term returns.

• Analyze Clorox's fair value against its market price in our detailed valuation report—access it here.
• Assess the downside scenarios for Clorox with our risk evaluation.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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