Clorox (NYSE:CLX) 5.15% yield supported by modest earnings buffer
Clorox (NYSE:CLX) offers a 5.15% dividend yield, but this payout is supported by a modest earnings cushion. While initial estimates indicate dividends represent 102% of fiscal-2026 GAAP guidance, adjusted guidance (excluding acquisition and digital investment expenses) lowers the payout ratio to 89%, a significant …