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.
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.
Clorox Co's Dividends per Share for the
three
months ended in Dec. 2023 was $1.20.
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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Clorox Co Dividend Yield % Historical Data
The historical data trend for Clorox Co's Dividend Yield % can be seen below:
* 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.
For the Household & Personal Products subindustry, Clorox Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, Clorox Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Clorox Co's Dividend Yield % falls into.
Clorox Co Dividend Yield % Calculation
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 1.200
2024-04-23
2024-04-24
2024-05-10
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.200
2024-01-23
2024-01-24
2024-02-09
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.200
2023-10-24
2023-10-25
2023-11-09
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.200
2023-08-08
2023-08-09
2023-08-25
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.180
2023-04-25
2023-04-26
2023-05-12
Cash Dividend
quarterly
USD: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 Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
5.98
/
145.97
=
4.10 %
Current Share Price is $145.97.
Clorox Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.98.
Clorox Co's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
4.8
/
145.97
=
3.29 %
Current Share Price is $145.97.
Clorox Co's Dividends per Share for the forward twelve months is calculated as $1.2 * 4 = $4.8.
* 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 (NYSE:CLX) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of Clorox Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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