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Clorox Co (Clorox Co) 3-Year Dividend Growth Rate

: 3.60% (As of Dec. 2023)
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Clorox Co's Dividends per Share for the three months ended in Dec. 2023 was $1.20.

The historical rank and industry rank for Clorox Co's 3-Year Dividend Growth Rate or its related term are showing as below:

CLX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 3.2   Med: 9   Max: 44.8
Current: 3.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Clorox Co was 44.80% per year. The lowest was 3.20% per year. And the median was 9.00% per year.

CLX's 3-Year Dividend Growth Rate is ranked worse than
63.01% of 657 companies
in the Consumer Packaged Goods industry
Industry Median: 7.7 vs CLX: 3.60

During the past 12 months, Clorox Co's average Dividends Per Share Growth Rate was 1.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Clorox Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.70. As of today, Clorox Co's Dividend Yield % is 3.40%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Clorox Co is 0.97, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Household & Personal Products subindustry, Clorox Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Clorox Co 3-Year Dividend Growth Rate Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Clorox Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Clorox Co's 3-Year Dividend Growth Rate falls into.



Clorox Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Clorox Co  (NYSE:CLX) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Clorox Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.2/ 1.72
=0.70

During the past 13 years, the highest Dividend Payout Ratio of Clorox Co was 1.22. The lowest was 0.55. And the median was 0.63.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Clorox Co is 0.97, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Clorox Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.2002024-01-232024-01-242024-02-09Cash DividendquarterlyUSD:USD 1.000000
USD 1.2002023-10-242023-10-252023-11-09Cash DividendquarterlyUSD:USD 1.000000
USD 1.2002023-08-082023-08-092023-08-25Cash DividendquarterlyUSD:USD 1.000000
USD 1.1802023-04-252023-04-262023-05-12Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Clorox Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=4.78/142.48
=3.35 %

Current Share Price is $142.48.
Clorox Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.78.

During the past 13 years, the highest Dividend Yield of Clorox Co was 4.02%. The lowest was 1.79%. And the median was 2.61%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Clorox Co 3-Year Dividend Growth Rate Related Terms>


Clorox Co (Clorox Co) Business Description

Traded in Other Exchanges
Address
1221 Broadway, Oakland, CA, USA, 94612-1888
Since its inception more than 100 years ago, Clorox has grown to play in a variety of categories across the consumer products space, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal-care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. Just shy of 85% of Clorox's sales stem from its home turf.
Executives
Kevin B Jacobsen officer: SVP - Chief Financial Officer 1221 BROADWAY, OAKLAND CA 94612
Shanique Bonelli-moore officer: VP - Chief Diversity & Soc Imp 1221 BROADWAY, OAKLAND CA 94612
Mackay A D David director
Michael M Ott officer: SVP - Chief Research & Dev Off 1221 BROADWAY, OAKLAND CA 94612
Stephanie Plaines director 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Julia Charter director 1221 BROADWAY, OAKLAND CA 94612
Eric H Reynolds officer: SVP-Chief Marketing Officer 1221 BROADWAY, OAKLAND CA 94612
Rebecca Dunphey officer: SVP & GM - Specialty Division 1221 BROADWAY, OAKLAND CA 94612
Eric Sean Schwartz officer: SVP - Chief Marketing Officer 1221 BROADWAY, OAKLAND CA 94612
Diego J Barral officer: SVP - GM, International 1221 BROADWAY, OAKLAND CA 94612
Matthew Gregory officer: SVP - Chief Customer Officer 1221 BROADWAY, OAKLAND CA 94612
Chris T Hyder officer: SVP, Cleaning & Prof Prod Div 1221 BROADWAY, OAKLAND CA 94612
Laurene E Peck officer: VP - CAO & Corp Controller 1221 BROADWAY, OAKLAND CA 94612
Angela C Hilt officer: SVP - Chief Legal Officer 1221 BROADWAY, OAKLAND CA 94612
Richard T Mcdonald officer: SVP - Chief Product Supply Off 1221 BROADWAY, OAKLAND CA 94612

Clorox Co (Clorox Co) Headlines