Oil-Dri’s Board of Directors Declares a 14% Increase in Quarterly Dividends
Oil-Dri (NYSE: ODC) announced a 14% increase in its quarterly cash dividend, raising the common-stock payout by two and a half cents to $0.205 per share and setting the Class B dividend at $0.153 per share.
Sentiment and the balance of points
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Rhea-AI Summary
Oil-Dri (NYSE: ODC) announced a 14% increase in its quarterly cash dividend, raising the common-stock payout by two and a half cents to $0.205 per share and setting the Class B dividend at $0.153 per share. The board noted this is the second dividend raise in calendar 2025 and highlighted a long track record of shareholder payments: continuous dividends since 1974 and 22 consecutive years of annual increases.
The cash dividends are payable on March 6, 2026 to holders of record at the close of business on February 20, 2026. The company also said it will release its Q2 fiscal 2026 results after market close on March 11, 2026 and host a webcast on March 12, 2026 at 10:00 a.m. CT.
Positive
- Dividend increase of 14% for common stock
- $0.205 per share common dividend payable Mar 6, 2026
Negative
- None.
Details
News Market Reaction – ODC
On Dec 11, the first trading day after this news, ODC closed 4.93% above the previous close.
Data tracked by StockTitan Argus for the Dec 11 session.
Key Figures
- Dividend increase
- 2.5 cents per share
- Quarterly cash dividend increase vs prior quarter
- Dividend growth
- 14% gain
- Increase in quarterly cash dividend vs previous quarter
- Common dividend
- $0.205 per share
- Approved quarterly dividend for Common Stock
- Class B dividend
- $0.153 per share
- Approved quarterly dividend for Class B Stock
- Dividend streak
- Since 1974
- Years of continuous cash dividend payments
- Annual raises
- 22 consecutive years
- Consecutive years of annual dividend increases
- Payable date
- March 6, 2026
- Cash dividend payment date
- Record date
- February 20, 2026
- Stockholders of record eligible for dividend
Historical Context
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Reported second highest quarterly net income despite year-over-year declines.
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Named to Forbes’ 2026 list of America’s Most Successful Small-Cap Companies.
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Appointed new APAC Technical Service Director to support Amlan growth.
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Announced schedule for Q1 2026 earnings discussion and annual meeting.
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Reported record fiscal 2025 sales, EBITDA, and net income with strong Q4.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
class B Stock financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
CHICAGO, Dec. 10, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared a two and a half-cent increase in the Company’s quarterly cash dividend per share of Common Stock, representing a
“This dividend increase demonstrates our solid financial foundation, strong cash position, and confidence in the Company’s long-term outlook,” said Daniel S. Jaffee, President and Chief Executive Officer of Oil-Dri. “This decision further emphasizes our dedication to delivering sustained, meaningful value to our stockholders.”
The cash dividends will be payable on March 6, 2026 to stockholders of record at the close of business on February 20, 2026. Oil-Dri has paid cash dividends continuously each year since 1974 and has increased dividends annually for twenty-two consecutive years.
The Company’s press release outlining its performance for the second quarter of fiscal year 2026 will be issued after the close of the U.S. stock market on Wednesday, March 11, 2026. Oil-Dri will host an earnings discussion via a live webcast on Thursday, March 12, 2026 at 10:00 a.m. Central Time. Participation details will be posted on the Company’s website’s Events page approximately one week prior to the call.
About Oil-Dri Corporation of America
Oil-Dri Corporation of America (“Oil-Dri”) 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, please visit oildri.com.
Forward-Looking Statements
Certain statements in this press release may constitute forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Our forward-looking statements include, but are not limited to, statements regarding our or our management team’s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are based on management’s current expectations, estimates, forecasts, assumptions and projections about future events, our future performance, the future of our business, our plans and strategies, projections, anticipated trends, the economy and other future developments and their potential effects on us. In addition, we, or others on our behalf, may make forward-looking statements in other press releases or written statements, or in our communications and discussions with investors and analysts in the normal course of business through meetings, webcasts, phone calls and conference calls. Forward-looking statements can be identified by words such as “expect,” “outlook,” “forecast,” “would,” “could,” “should,” “project,” “intend,” “plan,” “continue,” “believe,” “seek,” “estimate,” “anticipate,” “may,” “assume,” “potential,” “strive,” and variations of such words and similar references to future periods.
Such statements are subject to certain risks, uncertainties and assumptions that could cause actual results to differ materially from those anticipated, intended, expected, believed, estimated, projected, planned or otherwise expressed in any forward-looking statements, including, but not limited to, those described in our most recent Annual Report on Form 10-K and from time to time in our other filings with the Securities and Exchange Commission. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except to the extent required by law, we do not have any intention or obligation to update publicly any forward-looking statements after the distribution of this press release, whether as a result of new information, future events, changes in assumptions, or otherwise.
Contact:
Leslie A. Garber
Director of Investor Relations
Oil-Dri Corporation of America
InvestorRelations@oildri.com
(312) 321-1515
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