Page title
Section title
- Dividend Yield
- 2.93%
- Payout Ratio
- 77.99%
- Dividend Amount Per Share
- $4.82
- Last Ex-Dividend Date
- Aug 14, 2024
CLX Dividend Safety
CLX paid out 77.99% of its $280M earnings as dividends over the last 12 months.
Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
CLX's Dividend Payout Ratio of 77.99% is considered safe for the Consumer Defensive sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
CLX's Interest Coverage Ratio of 14.367 indicates strong financial health with easy coverage of interest expenses.
Income Quality
CLX demonstrates poor income quality with a ratio of 0. This indicates low-quality earnings and high risk of dividend cuts.
CLX Dividend Growth
The Clorox Company(CLX) offers a dividend yield of 2.93% and pays $4.82 in dividends per share. Explore the historical dividend growth of CLX.
Dividend Stability
CLX has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
CLX's dividend payments have shown moderate growth, growing by 2.852% annually over the last 5 years.
Earnings Growth
CLX's earnings have shown very poor growth, shrinking by -21.495% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
CLX Dividend Yield Attractiveness
The Clorox Company(CLX) provides a dividend yield of 2.93%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
2.44%
2.63%
2.93%
4.16%
Dividend Yield
CLX's dividend yield of 2.93% is considered good compared to the sector average of 4.163%, providing a strong safety margin for investors.
CLX Cash Flow
Over the past 12 months, CLX generated $7B in revenue, produced $483M in free cash flow, and distributed $595M in dividends.
Free Cash Flow Growth
CLX's free cash flow has decreased by -17.863% annually over the last 5 years, indicating a weak ability to generate cash and support dividend payments.
CLX Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by The Clorox Company. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.