CLX Dividend Calculator
Calculate how much dividend income The Clorox Company (CLX) could generate with reinvestment. Pre-loaded with CLX's current 5.16% yield and 1.6% dividend growth rate.
Dividend Yield: 5.16%
Annual Dividend: $4.97 per share
Share Price: $96.37
Payout Ratio: 102.6%
CLX DRIP Calculator
Model CLX dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 1.6% per year
Frequently Asked Questions
- What is CLX's current dividend yield?
- CLX (The Clorox Company) currently has a dividend yield of 5.16%. This means for every $10,000 invested, you would receive approximately $516 per year in dividend income before taxes.
- How much CLX do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from CLX at its current yield of 5.16%, you would need approximately $232,558 invested. With dividend reinvestment and growth, you may need less over time.
- Does CLX pay monthly dividends?
- No, CLX pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is CLX's dividend safe?
- CLX's payout ratio is 102.6%, which is elevated. Monitor earnings closely, as high payout ratios can indicate less flexibility for dividend growth or sustainability during downturns.
- What is CLX's dividend growth rate?
- CLX's 5-year dividend compound annual growth rate (CAGR) is approximately 1.6% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
See full dividend history and analysis on the CLX dividend page.