The Clorox Company Raises Dividend, Keeping 43-Year Streak Alive

Dividend Aristocrat The Clorox Company (NYSE: CLX) will remain a member of the exclusive dividend club, after voting to raise its dividend for the 43rd consecutive year. Shareholders as of July 29 will be paid a $1.11 quarterly dividend on Aug. 14. The payout is a 5% increase.

Clorox can make this decision comfortably, as many of its products remain in high demand because of the COVID-19 pandemic. And this high demand is on display in a new way today. The company is partnering with United Airlines (NASDAQ: UAL) to keep hub airports sanitized.  

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Source Fool.com