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Is Clorox a Great Dividend Stock?

TheMotleyFool

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After bumping up against its all-time high in August, the stock of Clorox (NYSE: CLX) lost over 10% of its value. Year to date, shares are down more than 3%, meaning an investment here has mostly gone sideways in 2019, a time when the S&P 500 has gained over 25%.

Clorox's dividend of $4.24 per share is currently yielding almost 2.9% annually. Despite an impressive record of payouts to shareholders, is the company best known for its chlorine bleach still a great dividend stock?

Image source: Getty Images.

Source Fool.com

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