The ex-dividend date for Clorox Company (NYSE:CLX) is Monday, October 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 60 cents per share. At a price of $69.06 as of 10:05 a.m., the dividend yield is 3.5%.
NEW YORK ( TheStreet) -- The ex-dividend date for Clorox Company (NYSE: CLX) is Monday, October 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 60 cents per share. At a price of $69.06 as of 10:05 a.m. ET, the dividend yield is 3.5%. The average volume for Clorox has been 1.5 million shares per day over the past 30 days. Clorox has a market cap of $8.9 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 7% year to date as of the close of trading on Thursday. The Clorox Company manufactures and markets consumer and institutional products worldwide. The company operates in four segments: Cleaning, Lifestyle, Household, and International. The company has a P/E ratio of 32.7, above the average consumer durables industry P/E ratio of 16.8 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Clorox as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow. You can view the full Clorox Ratings Report. See our dividend calendar or top-yielding stocks list.