Clorox Emerges as Top Dividend Pick Amid Market Highs
With the S&P 500 hovering NEAR record levels, growth stocks dominate investor attention. Yet Clorox (CLX) stands out as a contrarian high-yield dividend play, offering reliable passive income regardless of market cycles.
The household goods giant enters a critical proving ground after pandemic-era missteps and a 2023 cyberattack disrupted operations. While fiscal 2026 guidance projects a 5-9% organic sales decline, the stock's sub-pre-pandemic valuation suggests potential upside if management delivers on its turnaround narrative.
Dividend investors eyeing November 3 earnings may find an opportune entry point. Clorox's 3.4% yield—substantially higher than the S&P 500's 1.6% average—combines with depressed share prices to create compelling income-generation potential.
