Better Dividend Aristocrat: P&G or Clorox?
- By Ben Reynolds
By Bob Ciura
Proctor & Gamble (PG) has a longer history of dividend growth than Clorox (CLX). That said, Clorox is no slouch when it comes to dividends.
Clorox has increased its dividend each year since 1977, a streak of 40 years. P&G has increased its dividend for 61 years in a row.
Both P&G and Clorox are members of the Dividend Aristocrats, a group of 51 stocks in the S&P 500 Index with 25+ years of consecutive dividend increases.
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quarter, due to 7% growth in volumes. Earnings-per-share increased 8%. Over the first three fiscal quarters of the year, Clorox grew sales and earnings-per-share by 4%.
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