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
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
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.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100