LONDON, UK / ACCESSWIRE / January 22, 2018 / Active-Investors has a free review on The Clorox Co. (NYSE: CLX) following the Company's announcement that it will begin trading ex-dividend on January 23, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on January 22, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on CLX:

www.active-investors.com/registration-sg/?symbol=CLX

If your portfolio includes dividend stocks, you have come to the right place for timely information. All you need to do is sign up for your free membership at:

www.active-investors.com/registration-sg

Dividend Declared

On November 14, 2017, Clorox announced that its Board of Directors has declared a quarterly dividend of 84 cents per share on the Company's common stock, payable February 09, 2018, to stockholders of record as of the close of business on January 24, 2018.

Clorox's indicated dividend represents a yield of 2.33%, which is substantially higher than the average dividend yield of 1.55% for the Consumer Goods sector. Total annual dividends paid to Clorox's shareholders have increased each year since 1977.

Dividend Insight

Clorox has a dividend payout ratio of 58.9%, which denotes that the Company spends approximately $0.59 for dividend distribution out of every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts' estimates, Clorox is forecasted to report earnings of $6.13 per share for the next year, which is substantially above the Company's annualized dividend of $3.36 per share.

As of September 30, 2017, Clorox's cash and cash and equivalents totaled $468 million compared to $408 million as on September 30, 2016. For the first quarter of fiscal 2018, the Company's net cash provided by operating activities totaled $257 million compared to $170 million for the comparable year ago same period. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

Upcoming Earnings Results

On January 04, 2018, Clorox announced that it will host a live audio webcast of a discussion with the investment community about its second-quarter fiscal year 2018 results on Friday, February 02, 2018, with the webcast scheduled to begin at 10:30 a.m. PT.

About The Clorox Co.

Clorox is a leading multinational manufacturer and marketer of consumer and professional products with more than 8,100 employees worldwide and fiscal year 2017 sales of $6 billion. Clorox markets some of the most trusted and recognized consumer brand names, including its namesake bleach and cleaning products. More than 80% of the Company's sales are generated from brands that hold the No. 1 or No. 2 market share positions in their categories. The Clorox Company was founded in 1913 and is headquartered in Oakland, California.

Stock Performance Snapshot

January 19, 2018 - At Friday's closing bell, Clorox's stock marginally advanced 0.50%, ending the trading session at $143.86.

Volume traded for the day: 788.21 thousand shares.

Stock performance in the last three-month ? up 9.85%; previous six-month period ? up 9.91%; and past twelve-month period ? up 19.63%

After last Friday's close, Clorox's market cap was at $18.54 billion.

Price to Earnings (P/E) ratio was at 26.42.

The stock has a dividend yield of 2.34%.

The stock is part of the Consumer Goods sector, categorized under the Housewares & Accessories industry. This sector was up 0.9% at the end of the session.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors