Clorox (NYSE:CLX) gains 3.8% in New York, but 5% yield gets tested as payout ratio runs at 89%
The Clorox Company rallied 3.75% Friday to close at $96.56, snapping back sharply to end the week. Still, the stock ended 0.7% under its July 2 price and just 44 cents below FactSet Research Systems’ $97 median analyst target.