Oil-Dri Corporation's Board Updates Shareholders on Dividends
Recent Dividend Declarations by Oil-Dri Corporation
The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) has taken a proactive step in supporting its shareholders. The Board has declared quarterly cash dividends of $0.18 per share on the Company’s Common Stock and $0.135 per share on its Class B Stock. These dividends highlight the Company’s commitment to returning value to investors.
Dividend Payment Schedule
The cash dividends will be issued on a specific date, payable to stockholders who are recorded as of a certain deadline. Such a regular distribution reflects the Company's robust financial health and dedication to its dividend-paying policy, which has remained unchanged since the mid-1970s.
Continuous Dividend Payments Since 1974
Oil-Dri has demonstrated a consistent ability to pay out dividends, having done so continuously since 1974. Remarkably, the company has increased its dividends annually for twenty-two consecutive years, a testament to its stable financial standing and reliable operational performance.
Upcoming Company Performance Disclosure
Looking ahead, the Company plans to reveal its financial performance for the fourth quarter of fiscal year 2025. The details will be published following the market's closure on a designated date. This announcement is anticipated by stakeholders eager to grasp the Company’s outlook and financial performance during this period.
Live Earnings Discussion
In an effort to enhance communication with its shareholders, Oil-Dri will host a live earnings discussion via webcast shortly after the financial performance announcement. This interactive session aims to provide insights into the Company’s results and future strategies. Participation details will be readily available for investors on the official Company website.
About Oil-Dri Corporation of America
Oil-Dri Corporation of America is a key player in the manufacturing and supply of specialty sorbent products for a variety of markets including pet care, animal health and nutrition, fluids purification, agricultural ingredients, sports field maintenance, industrial applications, and the automotive industry. The Company’s operations are vertically integrated, empowering it to effectively manage all aspects from research and development through to marketing and sales.
A Mission to Create Value
With more than eight decades of industry experience, Oil-Dri continues to pursue its mission to create value from sorbent minerals. This commitment not only drives their manufacturing processes but also fosters innovative practices that strengthen their market position.
Contact Information for Investors
Investors are encouraged to connect with the Company's Investor Relations team for any inquiries. Leslie A. Garber serves as the Director of Investor Relations and can be reached via email or by phone for any detailed questions regarding Company performance or investor-related inquiries.
Frequently Asked Questions
What are the recent dividend amounts declared by Oil-Dri Corporation?
The Board declared cash dividends of $0.18 per share on the Common Stock and $0.135 per share on Class B Stock.
When are dividends payable to shareholders?
Dividends are payable on a specified date to stockholders of record at the close of business on a previous date.
How long has Oil-Dri been paying dividends?
Oil-Dri has paid cash dividends continuously since 1974 and has increased them for twenty-two consecutive years.
When will the Company disclose its fourth-quarter performance?
The disclosure will occur after the close of the U.S. stock market on a designated date in the near future.
Who can I contact for Investor Relations inquiries?
You can reach Leslie A. Garber, Director of Investor Relations, via email or by calling the Company’s Investor Relations office.
About The Author
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