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CLOROX CO (CLX)
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Clorox Co : Clorox Increases Quarterly Dividend and Announces Dividend Payment

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11/15/2006 | 02:30pm CEST

The Clorox Company (NYSE:CLX) today announced that its board of directors has approved an increase in the company's quarterly dividend rate. The quarterly cash dividend will be increased to 31 cents per share from 29 cents per share. The dividend at the new rate will be payable on Feb. 15, 2007, to stockholders of record on Jan. 31, 2007.

The Clorox Company

The Clorox Company is a leading manufacturer and marketer of consumer products with fiscal year 2006 revenues of $4.6 billion. Clorox markets some of consumers' most trusted and recognized brand names, including its namesake bleach and cleaning products, Armor All® and STP® auto-care products, Fresh Step® and Scoop Away® cat litter, Kingsford® charcoal, Hidden Valley® and K C Masterpiece® dressings and sauces, Brita® water-filtration systems, and Glad® bags, wraps and containers. With 7,600 employees worldwide, the company manufactures products in 25 countries and markets them in more than 100 countries. Clorox is committed to making a positive difference in the communities where its employees work and live. Founded in 1980, The Clorox Company Foundation has awarded cash grants totaling more than $66.3 million to nonprofit organizations, schools and colleges; and in fiscal 2006 alone made product donations valued at $6 million. For more information about Clorox, visit www.TheCloroxCompany.com.


© Business Wire 2006
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Financials ($)
Sales 2018 6 149 M
EBIT 2018 1 176 M
Net income 2018 744 M
Debt 2018 1 708 M
Yield 2018 2,60%
P/E ratio 2018 22,91
P/E ratio 2019 21,49
EV / Sales 2018 3,00x
EV / Sales 2019 2,93x
Capitalization 16 757 M
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Mean consensus HOLD
Number of Analysts 16
Average target price 136 $
Spread / Average Target 4,5%
EPS Revisions
Managers
NameTitle
Benno O. Dorer Chairman & Chief Executive Officer
Dawn C. Willoughby Chief Operating Officer & Executive VP
Stephen M. Robb Chief Financial Officer & Executive Vice President
Manjit Singh Chief Information Officer & Senior Vice President
Robert W. Matschullat Independent Director
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