Dividend Increase – CLX

ID-100130817-300x200 Dividend Increase - CLXAnother dividend increase in the books!

The Clorox Company (CLX) just declared $0.84 dividend. This is an increase of 5.0% from $0.80.

I own 15 shares, so this will increase my annual dividend income by $2.40 to $3,549.74

 

My Thoughts:

I would like to own more CLX, but the stock is very much overpriced. For now, I will continue to hold my shares of CLX and continue to collect the dividend.

I am very happy with this increase. Last year they increased it by 3.9% and the year before 4.1%, so yes I am very happy with this increase.

Do you own CLX? Happy about the dividend increase?

 

Image by ddpavumba at FreeDigitalPhotos.net

Comments

  1. Alright – a nice 5% increase here. Congrats on getting an increase without even lifting a finger! CLX is a company I have always wanted to own; however, it is trading at such high multpiles right now that it would have to fall by a lot to reach a comfortable level for me. But that doesn’t mean I won’t always be monitoring them 🙂

    Bert

    • Thanks Bert. Yes, CLX is very expensive right now. I got lucky and bought some shares a while back. I would like to add more but at a much lower price level.

  2. Love it. I’m happy with that increase for such an old guard long time dividend payer. That’s a respectable amount. Like you, I’d love to buy more CLX but not at current levels.

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