This High-Yield Dividend Stock Is Down 10% in 2025. Here's Why It's a Buy Now.
Clorox (NYSE: CLX) is down 10.1% year to date at the time of this writing, with most of that drop occurring last week when the company reported second-quarter fiscal 2025 results. The maker of bleach, Kingsford charcoal, Hidden Valley Ranch, Burt's Bees, and more has been on a roller coaster in recent years, but the end of its turnaround is finally in sight.With a 3.3% dividend yield and 40 consecutive years of dividend raises, Clorox stands out as a solid passive income opportunity, but only if the underlying business fundamentals improve. Here's why the sell-off in Clorox stock is a buying opportunity for long-term investors.Image source: Getty Images.Continue reading
Clorox (NYSE: CLX) is down 10.1% year to date at the time of this writing, with most of that drop occurring last week when the company reported second-quarter fiscal 2025 results. The maker of bleach, Kingsford charcoal, Hidden Valley Ranch, Burt's Bees, and more has been on a roller coaster in recent years, but the end of its turnaround is finally in sight.
With a 3.3% dividend yield and 40 consecutive years of dividend raises, Clorox stands out as a solid passive income opportunity, but only if the underlying business fundamentals improve. Here's why the sell-off in Clorox stock is a buying opportunity for long-term investors.
Image source: Getty Images.
