
Kimberly-Clark's dividend is safer than Clorox's despite Clorox's higher yield, due to better cash flow and balance sheet.
Clorox and Kimberly-Clark both offer dividend yields above 5%, but Kimberly-Clark's dividend is safer. Clorox's payout is nearly equal to its operating cash flow and management admits the dividend is elevated and may not be sustainable. Its balance s...

