Consumer products giant Clorox (CLX -0.19%) is raising its fiscal 2013 third-quarter dividend to $0.71 per share, up almost 11% from the prior rate of $0.64 per share, the company announced yesterday.
The board of directors said the quarterly dividend is payable on Aug. 9 to the holders of record at the close of business on July 24. Clorox has increased the payout every year since 1977.
The regular dividend payment equates to a $2.84-per-share annual dividend yielding 3.3% based on the closing price of Clorox's stock on May 13.
CLX Dividend data by YCharts.
