Clorox’s (CLX) Dividend Appeal: A Defensive Play for October Capture Strategies

Group 1 - The Clorox Company (NYSE:CLX) is recognized as one of the Best High Yield Stocks to Buy in October, highlighting its attractiveness for investors seeking dividend income [1] - Clorox derives approximately 80% of its sales from brands that are leaders in their respective categories, providing a strong competitive advantage [2] - The company's product portfolio includes well-known brands such as Kingsford, Burt's Bees, Hidden Valley Ranch, Fresh Step, Pine-Sol, Brita, Glad, and Liquid-Plumr, indicating its resilience in challenging market conditions [3] Group 2 - Clorox currently pays a quarterly dividend of $1.24 per share, reflecting a 1.6% increase in July, marking the 22nd consecutive year of dividend increases [4] - The stock offers a dividend yield of 3.99% as of September 27, making it an appealing option for dividend capture strategies [4]