A dividend cut isn't a happy experience for shareholders of any company, but it would be a downright shock to owners of Clorox (NYSE: CLX). The Dividend Aristocrat, after all, boasts an unbroken 40-year streak of annual raises. It would likely take a massive market disruption to force the company to abandon that promise.
But while investors can be reasonably confident that Clorox's dividend will continue rising, the pace of those increases is a different beast. Below, we'll look at the prospects for this dividend to grow at market-beating rates in the years ahead.
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Source: Fool.com