- Oil-Dri Corporation of America (ODC, Financial) increases its quarterly dividend by 16% to $0.18 for Common Stock and $0.135 for Class B Stock.
- This dividend rise represents the 22nd consecutive year of growth, reflecting the company's solid financial standing.
- The increased dividend is payable on August 22, 2025, with a record date of August 8, 2025.
Oil-Dri Corporation of America (ODC) has announced a 16% increase in its quarterly cash dividend, boosting it to $0.18 per share for Common Stock and $0.135 per share for Class B Stock. This marks the 22nd consecutive year of dividend growth for the company, maintaining an unbroken record of dividend payments since 1974. The dividends will be payable on August 22, 2025, to shareholders of record as of August 8, 2025.
President and CEO Daniel S. Jaffee highlighted that the dividend increase reflects Oil-Dri's robust financial standing and optimism about future prospects, especially following a recent stock split. Oil-Dri is set to release its third quarter fiscal 2025 earnings after the U.S. market closes on June 5, 2025, with a webcast discussion scheduled for June 6, 2025, at 10:00 a.m. Central Time.
Oil-Dri Corporation of America, a key player in the specialty sorbent products market, showcases its growth momentum with continued fiscal strength and commitment to delivering long-term value to shareholders.
