Oil-Dri’s Board of Directors Declares Quarterly Dividends
Rhea-AI Summary
Oil-Dri (NYSE: ODC) declared quarterly cash dividends of $0.205 per common share and $0.153 per Class B share. The dividends are payable May 22, 2026 to holders of record at the close of business on May 8, 2026.
Oil-Dri has paid dividends annually since 1974 and has increased dividends for twenty-two consecutive years. The company will release its fiscal Q3 2026 results after market close on June 8, 2026 and host an earnings webcast on June 9, 2026 at 10:00 a.m. CT.
Positive
- Quarterly dividend of $0.205 per common share
- Quarterly dividend of $0.153 per Class B share
- Dividend payable May 22, 2026 with record date May 8, 2026
- 22 consecutive years of annual dividend increases
- Continuous annual dividends since 1974
Negative
- None.
News Market Reaction – ODC
In the Mar 13 session, ODC declined 2.86%, reflecting a moderate negative market reaction. Argus tracked a peak move of +2.3% during that session. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Previous Management,dividends Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| 2025-12-10 | Dividend increase | Positive | +4.9% | Board approved a 14% increase in quarterly cash dividends. |
| 2025-10-08 | Quarterly dividend | Positive | -1.3% | Declared routine quarterly dividends and scheduled Q4 earnings release. |
| 2025-03-12 | Quarterly dividend | Positive | -4.4% | Announced standard quarterly dividends and outlined Q3 earnings timetable. |
| 2024-12-11 | Dividend & split | Positive | +0.4% | Declared dividends and a two-for-one stock split via stock dividend. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Past management/dividend announcements produced modest, mixed reactions, with an average same-tag move of -0.08%, suggesting these updates are viewed as routine but sometimes supportive when paired with dividend increases or structural actions.
Over recent years, Oil-Dri has used management/dividend announcements to underscore a long-running shareholder return story, with continuous dividends since 1974 and annual increases for over 21–22 years. Prior releases included routine quarterly declarations, a two-for-one stock split via stock dividend, and a 14% dividend increase to $0.205 for Common and $0.153 for Class B. Price reactions have alternated between gains and declines, indicating the market treats these as steady, incremental signals rather than major catalysts.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CHICAGO, March 12, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) yesterday declared quarterly cash dividends of
The cash dividends will be payable on May 22, 2026 to stockholders of record at the close of business on May 8, 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 third quarter of fiscal year 2026 will be issued after the close of the U.S. stock market on Monday, June 8, 2026. Oil-Dri will host an earnings discussion via a live webcast on Tuesday, June 9, 2026 at 10:00 a.m. Central Time. Participation details are posted on the Company’s website’s Events page.
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
