Key Takeaways:
- Clorox offers a 3.5% forward dividend yield, which is on the higher end historically. The stock today provides a good dividend return relative to its stock price.
- Clorox has shown consistent earnings growth, supporting a safe and sustainable dividend.
- Clorox has grown dividends for nearly 50 consecutive years, giving it one of the best dividend track records on the stock market.
- Get accurate financial data on over 100,000 global stocks for free on TIKR >>>
Clorox remains a favorite among investors looking for reliable and growing dividends, especially in today’s rocky economic seas.
1: Dividend Yield
Currently, Clorox has a forward yield of 3.5%, which is well above its 5-year average yield of 3%.
This higher yield means you’re getting more income for each dollar invested in Clorox shares compared to the past.
That makes the stock look pretty attractive right now, especially when you consider the overall stability of the company.
Find reliable, high-yield dividend stocks that are even better than Clorox >>>
2: Dividend Safety
Clorox’s earnings-per-share (EPS) has been on the rise since 2022, and analysts expect earnings-per-share to reach new highs in 2027.
This means that the company is making enough money to cover its current dividends, and gives ample room for the dividend to grow.
Clorox’s near 50-year consecutive streak of annual dividend growth points to a reliable dividend payout that isn’t going to disappear anytime soon.
Analyze stocks like Clorox quicker with TIKR >>>
3: Dividend Growth Potential
Analysts expect Clorox to continue growing dividends per share in the low-single-digits over the next 3 years.
This is fairly low dividend growth, but the company is seeing strong earnings recovery.
Management could decide to grow dividends at a faster rate in the future.
Access up to 5 years of analyst forecasts for Clorox on TIKR >>>
TIKR Takeaway
Clorox stands out as a solid dividend stock today, offering a desirable blend of yield, growth potential, and safety, making it a worthy consideration for long-term dividend investors.
The TIKR Terminal offers industry-leading financial data on over 100,000 stocks and was built for investors who think of buying stocks as buying a piece of a business.
Looking for New Opportunities?
- See what stocks billionaire investors are buying so you can follow the smart money.
- Analyze stocks in as little as 5 minutes with TIKR’s all-in-one, easy-to-use platform.
- The more rocks you overturn… the more opportunities you’ll uncover. Search 100K+ global stocks, global top investor holdings, and more with TIKR.
Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
