Clorox Increases Quarterly Dividend From $1.18 To $1.20 Per Share
Portfolio Pulse from Benzinga Newsdesk
Clorox has announced an increase in its quarterly dividend from $1.18 to $1.20 per share, payable on August 25, 2023, to shareholders of record as of the close of business on August 9, 2023.
July 28, 2023 | 5:27 am
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Clorox's decision to increase its quarterly dividend may be seen as a positive sign by investors, potentially leading to a short-term increase in the stock price.
Dividend increases are often viewed positively by investors as they indicate a company's strong financial health and commitment to returning capital to shareholders. This could lead to increased demand for Clorox's stock, potentially driving up the price in the short term.
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