Clorox appoints new COO and chief growth officer to boost execution and growth.

Clorox's 5.2% dividend yield remains safe despite elevated payout ratios and earnings pressure.

Clorox's stock has dropped nearly 19% over the past year, pushing its dividend yield to 5.2%, a rare level for a Dividend King with 51 years of consecutive increases. While payout ratios are elevated, free cash flow still covers dividends comfortably...