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Clorox Co.: A Dividend Champion with 34 Consecutive Years of Dividend Increases
Since dividends are paid out of earnings, a clear perspective of a company’s historical earnings growth record is a vital component of a dividend investor’s prudent due diligence process. The following graph plots Clorox Co.’s earnings per share since 1993. A quick glance to the right of the graph shows that Clorox Co. has increased earnings at a compounded rate of 9.7% (see purple circle on graph) per annum.
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