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This Iconic Dividend Stock Is Doing Exactly What It Promised


No business survives for more than 100 years, as (NYSE: CLX) has, without going through some ups and downs along the way. Clorox currently faces some notable headwinds. The question for investors is whether or not management can muddle through them. So far it's doing a pretty good job.

Clorox's history dates back more than a century, but dividend investors will likely be more interested in its 46-year streak of annual dividend increases. The current yield is around 2.7%, which, while not exactly a screaming buy, is fairly attractive, historically speaking. Notably, the dividend has been increased at a compound annual rate of nearly 6.5% over the past decade. That is around twice the historical rate of inflation growth, so over time the buying power of the consumer staples maker's dividend has increased. 

Image source: Getty Images.

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Source Fool.com

Clorox Co. Aktie

147,40 €
0,96 %
Ein geringfügiger Gewinn für Clorox Co. heute, um 0,96 %.
Die Clorox Co. Aktie zieht etwas negative Aufmerksamkeit auf sich: Mehr Sell- als Buy-Einschätzungen.
Das Community-Kursziel von 121 € für Clorox Co. deutet auf ein leicht negatives Wachstumspotenzial gegenüber 147.4 € hin.
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