Oil-Dri Board of Directors Declares Quarterly Dividends
The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) declared quarterly cash dividends of $0.27 per share for Common Stock and $0.2025 per share for Class B Stock.
Sentiment and the balance of points
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Rhea-AI Summary
The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) declared quarterly cash dividends of $0.27 per share for Common Stock and $0.2025 per share for Class B Stock. These dividends will be paid on February 25, 2022 to stockholders of record as of February 11, 2022. Oil-Dri has consistently paid cash dividends since 1974, increasing them annually for eighteen consecutive years.
Earnings for the second quarter of fiscal 2022 will be released post-market on March 11, 2022, with a webcast discussion following on March 14, 2022.
Positive
- Declared quarterly cash dividends of $0.27 and $0.2025, reflecting consistent income for shareholders.
- Continuous cash dividend payments since 1974 demonstrate strong financial stability.
- Increased dividends annually for 18 consecutive years, indicating company confidence.
Negative
- None.
Details
News Market Reaction – ODC
The recorded move for ODC in the trading session of this news was -0.21%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CHICAGO, Dec. 08, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared quarterly cash dividends of
The dividends declared will be payable on February 25, 2022 to stockholders of record at the close of business on February 11, 2022. The Company has paid cash dividends continuously since 1974 and has increased dividends annually for eighteen consecutive years.
The Company expects to release earnings for its second quarter of fiscal 2022 after the close of the U.S. stock market on Friday, March 11, 2022 and to host an earnings discussion via webcast on Monday, March 14, 2022. Webcast participation details will be communicated via email alert and posted on the Events page of the Company’s website approximately one week prior to the call.
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.
Category: Dividends
Contact:
Leslie A. Garber
Manager of Investor Relations
Oil-Dri Corporation of America
InvestorRelations@oildri.com
(312) 321-1515
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