Clorox Increases Quarterly Dividend to $1.24 Per Share
Rhea-AI Summary
Clorox (NYSE:CLX) announced a dividend increase, raising its quarterly dividend by $0.02 from $1.22 to $1.24 per share. The dividend will be paid on August 29, 2025, to shareholders of record as of August 13, 2025.
This increase continues the company's tradition of delivering shareholder value through consistent dividend payments and annual increases.
Positive
- Quarterly dividend increased by $0.02 per share to $1.24
- Demonstrates commitment to consistent dividend growth
- Maintains track record of regular dividend payments
Negative
- Modest 1.6% dividend increase may not fully offset inflation
News Market Reaction – CLX
On the day this news was published, CLX declined 0.49%, reflecting a mild negative market reaction. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $76M from the company's valuation, bringing the market cap to $15.48B at that time. Trading volume was elevated at 2.5x the daily average, suggesting increased selling activity.
Data tracked by StockTitan Argus on the day of publication.
Clorox has a long history of providing value to its shareholders through regular dividend payments and annual dividend increases.
About The Clorox Company
The Clorox Company (NYSE: CLX) champions people to be well and thrive every single day. Its trusted brands include Brita®, Burt's Bees®, Clorox®, Fresh Step®, Glad®, Hidden Valley®, Kingsford®, Liquid-Plumr® and Pine-Sol® as well as international brands such as Clorinda®, Chux® and Poett®. Headquartered in
Media Relations
corporate.communications@clorox.com
Investor Relations
investorrelations@clorox.com
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SOURCE The Clorox Company
FAQ
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