15 Blue Chip Stocks with Highest Dividends

11. The Clorox Company (NYSE:CLX)

Dividend Yield as of April 8: 4.69%

On April 8, Wells Fargo lowered its price recommendation on The Clorox Company (NYSE:CLX) to $110 from $125. It kept an Equal Weight rating on the shares. The firm is trimming estimates across the sector ahead of earnings. It based those changes on detailed, company-specific commodity inputs built into its models. That work ties margin expectations more closely to the current inflation trend, especially through Q4 2026 and 2027. Any recovery, for now, is pushed out to 2028.

A day earlier, on April 7, UBS also lowered its price target on Clorox to $110 from $121 and maintained a Neutral rating. The firm expects Q1 results across much of the consumer staples group to come in “okay.” Organic revenue growth is starting to stabilize and show some improvement. The bigger question, in its view, is what companies say about the road ahead. Inflation is still expected to weigh more heavily on earnings in the second half, and possibly beyond.

The Clorox Company (NYSE:CLX) makes and markets a range of consumer and professional products. Its portfolio includes brands like Brita, Burt’s Bees, Clorox, Fresh Step, Glad, Hidden Valley, Kingsford, Liquid-Plumr, Pine-Sol, and Purell, along with international names such as Chux, Clorinda, and Poett. The business is organized into four segments: Health and Wellness, Household, Lifestyle, and International.