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Oil-Dri Board of Directors Declares Quarterly Dividends
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
managementdividends
Rhea-AI Summary
Oil-Dri Corporation of America declares quarterly cash dividends of $0.29 per share of Common Stock and $0.218 per share of Class B Stock, payable on November 24, 2023. The Company has increased dividends annually for twenty consecutive years.
Positive
Oil-Dri Corporation of America continues to increase dividends annually for twenty consecutive years.
Negative
None.
CHICAGO, Oct. 04, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared quarterly cash dividends of $0.29 per share of the Company’s Common Stock and $0.218 per share of the Company’s Class B Stock.
The dividends declared will be payable on November 24, 2023 to stockholders of record at the close of business on November 10, 2023. The Company has paid cash dividends continuously since 1974 and has increased dividends annually for twenty consecutive years.
Oil-Dri Corporation of America is a leading manufacturer and supplier of specialty sorbent products for the pet care, animal health and nutrition, fluids purification, agricultural ingredients, sports field, industrial and automotive markets. Oil-Dri is vertically integrated which enables the Company to efficiently oversee every step of the process from research and development to supply chain to marketing and sales. With over 80 years of experience, the Company continues to fulfill its mission to Create Value from Sorbent Minerals. To learn more about the Company, visit oildri.com.
Contact: Leslie A. Garber Manager of Investor Relations Oil-Dri Corporation of America InvestorRelations@oildri.com (312) 321-1515
our mission is to create value from sorbent minerals. over the past 75 years we have become a leading manufacturer and supplier of high-quality sorbent products for consumer and business to business markets. we are passionate about continuously improving the value our customers receive from our products and services. we take pride in being an organization that emphasizes high moral and ethical values. we are vertically integrated which enables us to efficiently oversee every step in our processes—from research and development to supply chain to marketing and sales. we handle it all with honesty, integrity and a passion for excellence.
