Meet the 5.1%-Yielding Stock That Just Increased Its Dividend for the 49th Consecutive Year. Here's Why It's a Buy in August.
Clorox is a great value for income investors.
Overview
Clorox (NYSE: CLX) investors have had little to smile about lately. If you'd invested $1,000 in Clorox five years ago, you'd have just $621 today. And that's even when factoring in dividends.
But long-term investors care more about where a stock is going than where it has been. Here's why the worst of Clorox's struggles could be in the rearview mirror and why it stands out as a top high-yield dividend stock to buy in August.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.