The Clorox Company (CLX) continues to garner attention as a strong dividend stock, with a regular quarterly payout of $1.22 per share, and has been acclaimed by Barron’s as the Most Sustainable U.S. Company for the second consecutive year. The company, largely controlled by institutional investors, has celebrated a number of successes this year, one of which includes achieving $100M annual savings through a new operating model. Notable enhancements to their digital transformation process projected a bold $500M. Their stock has outperformed competitors, despite occasional trading day losses. Being named a chemical safety frontrunner in an industry report further bolsters their standing. They have also experienced a rise in short interest and have furthered climate action through a partnership with M2030. Other announcements include a change in board membership and a divestiture of Better Health VMS Business. Looking ahead, Clorox also showcased innovative strides in AI, achieving their 100M consumer goal early and slashing innovation time by 50%. Despite some analysts recommending a 'reduce' rating, Clorox exhibits strong market resilience including a 20.5% gain in the past six months.
Clorox Company CLX News Analytics from Fri, 09 Feb 2024 17:17:19 GMT to Fri, 03 Jan 2025 15:59:18 GMT -
Rating 7
- Innovation 6
- Information 5
- Rumor -2
