Clorox Company (The) (NYSE:CLX) Updates On Dividend Release Date


On 2016-05-17, Clorox Company (The) (NYSE:CLX) confirmed the dividend disbursement of $0.8 a share to shareholders as on record 2016-07-27. The firm will release dividend on 2016-08-12 while ex-dividend date is reported to be 2016-07-25.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Clorox Company (The) (NYSE:CLX) paid a total of $0.8 per share in dividends. This figure stood at $0.8 a share in the same period a year ago indicating a deviation of 4.054%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $124.142 on the stock. This figure is the average of recommendations offered by 7 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $136 and $109, respectively.

Taking the mathematical rating formula, the price for Clorox Company (The) (NYSE:CLX) stands at 3.57. Earnings Review Clorox Company (The) (NYSE:CLX) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-07. For the period ending on 2016-09-30, experts are expecting EPS of $1.42.

Coming to the quarter ending on 2016-06-30, Clorox Company (The) (NYSE:CLX) recorded EPS of $1.26. The reported numbers came lower than the analysts’ estimates of $1.28, demonstrating a miss of $-0.02 as against reported figures.

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