Intact Investment Management Inc. may reduce holdings of the
Clorox Company. Analysts speculate its stock as
underperforming when compared to the
S&P 500. Despite the ongoing
challenges, its near
5% dividend yield, and routine
quarterly dividend of $1.24 per share, make it difficult to disregard. Clorox's increased brand investments are expected to translate into growth. Yet, the trend in stock price seems to be a point of concern with various firms like
State Street Corp and
California Public Employees Retirement System reported to be trimming their stock positions. On the positive side, entities such as
Federated Hermes Inc. and
Nomura Asset Management Co. Ltd. are acquiring more of Clorox's shares. The company's
dividend history marks it as a leader in safest high dividend stocks. Jim Cramer's Club Members are advised to closely monitor Clorox's (CLX) developments. Despite some
headwinds, Clorox's strategy in maintaining a defensive approach and
consistent dividend strength are admirable. However, it is echoed in multiple observations that the company's financial outlook remains uncertain.
Clorox Company CLX News Analytics from Fri, 25 Apr 2025 07:00:00 GMT to Fri, 12 Dec 2025 16:47:47 GMT -
Rating 3
- Innovation -3
- Information 6
- Rumor -4
