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Oil-Dri Corp of America (NYSE:ODC)
Dividend Payout Ratio
1.90 (As of Apr. 2014)

Oil-Dri Corp of America's dividend payout ratio for the three months ended in Apr. 2014 was 1.90.

Warning Sign:

If a company dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout of Oil-Dri Corp of America is 1.69, which seems too high.

ODC' s 10-Year Dividend Payout Ratio Range
Min: 0.17   Max: 9
Current: 0.32

0.17
9

During the past 13 years, the highest Dividend Payout Ratio of Oil-Dri Corp of America was 9.00. The lowest was 0.17. And the median was 0.45.

ODC's Dividend Payout Ratiois ranked higher than
74% of the 1050 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 0.54 vs. ODC: 0.32 )

As of Today, the Trailing Annual Dividend Yield of Oil-Dri Corp of America is 2.60%.

Good Sign:

Oil-Dri Corp of America stock dividend yield is close to 1-year high.

During the past 13 years, the highest Trailing Annual Dividend Yield of Oil-Dri Corp of America was 4.98%. The lowest was 1.02%. And the median was 2.67%.

Oil-Dri Corp of America's Dividends Per Share for the three months ended in Apr. 2014 was $0.19.

During the past 12 months, Oil-Dri Corp of America's average Dividends Per Share Growth Rate was -46.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -3.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Oil-Dri Corp of America was 22.90% per year. The lowest was -3.50% per year. And the median was 4.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Definition

Dividend payout ratio measures the percentage of the company’s earnings paid out as dividends.

Oil-Dri Corp of America's Dividend Payout Ratio for the fiscal year that ended in Jul. 2013 is calculated as

Dividend Payout Ratio=Dividends Per Share (A: Jul. 2013 )/Earnings per Share (A: Jul. 2013 )
=0.54/2.07
=0.26

Oil-Dri Corp of America's Dividend Payout Ratio for the quarter that ended in Apr. 2014 is calculated as

Dividend Payout Ratio=Dividends Per Share (Q: Apr. 2014 )/Earnings per Share (Q: Apr. 2014 )
=0.19/0.1
=1.90

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Related Terms

Net Income, Dividends Per Share, Earnings per Share, Dividend Yield, 3-Year Dividends Growth Rate, 5-Year Dividends Growth Rate


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Oil-Dri Corp of America Annual Data

Jul04Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13
payout 0.480.400.560.330.420.420.460.381.220.26

Oil-Dri Corp of America Quarterly Data

Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14
payout 0.380.650.000.281.160.000.000.460.321.90
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