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Clorox reported stronger-than-expected earnings, but maintains a high dividend payout ratio.
Clorox Company reported strong earnings of $1.55 per share for its recent quarter, surpassing estimates.
The stock is currently valued at around $147.79, with a "Hold" rating and a target price of $159.50.
Multiple asset management firms have adjusted their holdings, with mixed activity.
Clorox operates in four segments and pays a quarterly dividend of $1.22, though its dividend payout ratio is high at 133.33%.
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Clorox reportó ganancias más fuertes de lo esperado, pero mantiene una alta relación de pago de dividendos.