Clorox Bumps Up Dividend By 5%; Shares Rise In Pre-Market

Clorox Co. (CLX) declared a quarterly dividend of $1.11 per share on the company’s common stock, up 5% from the previous $1.06 per share dividend. Shares in the maker of bleach and disinfecting wipes appreciated 2.4% to $206.51 in pre-market U.S. trading.The dividend is payable on Aug. 14 to stockholders of record as of the close of business on July 29.”We are pleased to raise our dividend by 5%, building on nearly 20 consecutive years of dividend increases,” said Clorox Chairman and CEO Benno Dorer. “As we continue to deliver healthy cash flows, our ongoing priority is to invest in …read more

Source:: Yahoo Finance

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