Clorox (CLX) Declares Quarterly Dividend

The Board of Directors of The Clorox Company (NYSE:CLX) declared a quarterly common stock dividend, increasing it from 55 cents to 60 cents a share, a 9 percent boost.

The dividend will be payable on August 12, 2011, to stockholders of record as of July 27, 2011.

Clorox Chairman and CEO Don Knauss noted, "This dividend increase reflects the board�s confidence in our ability to profitably grow and deliver strong, sustainable returns to Clorox shareholders."

The Clorox Company participates in the production, marketing, and marketing of consumer products in the United States and around the world.

Clorox closed Wednesday at $70.35, falling $0.38, or 0.54 percent.