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Clorox’s upgrade and new dividend level: Which is better?

June 12, 2009 by Investing 

Filed under: Analyst upgrades and downgrades , Clorox Co (CLX) , Colgate-Palmolive (CL) , Procter and Gamble (PG) The Clorox Company (NYSE: CLX ), a company whose compatriots at the supermarket include Procter Gamble (NYSE: PG ) and Colgate-Palmolive (NYSE: CL ), gave and received some good news this week. First, let's mention the giving. Management saw fit to increase the dividend that it pays to shareholders. The quarterly payout went up 9% to $0.50 per share. Now, f

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