05-12-2014, 09:45 PM
Clorox Increases Quarterly Dividend 4 Percent to 74 Cents per Share.
I'm disappointed with this one, but not surprised. The payout ratio has been inching up and growth has stalled. I'm going to have to think long and hard about this one. There's little factor of safety with a 20 PE and no growth, I may look to my watch list for a replacement this week.
I'm disappointed with this one, but not surprised. The payout ratio has been inching up and growth has stalled. I'm going to have to think long and hard about this one. There's little factor of safety with a 20 PE and no growth, I may look to my watch list for a replacement this week.