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Clorox Hiked Dividends on Lower Taxes

Clorox Hiked Dividends on Lower Taxes

The Clorox Company (CLX) recently hiked its quarterly dividend by 14% to $0.96 per share from $0.84. Clorox has a strong history of rewarding shareholders with increased dividends and share repurchases. In fact, Clorox is a dividend aristocrat, a term used for companies that have consistently increased their dividends for more than 25 years.