Welcome to our dedicated page for Oil-Dri Corporation of America news (Ticker: ODC), a resource for investors and traders seeking the latest updates and insights on Oil-Dri Corporation of America stock.
Oil-Dri Corporation of America (NYSE: ODC) delivers essential updates through this comprehensive news hub, serving investors and industry stakeholders. Access curated press releases and financial developments from the leader in sorbent mineral solutions.
Track earnings announcements, operational milestones, and strategic initiatives from the company behind Cat's Pride litter and industrial absorbents. Our repository simplifies monitoring of product innovations, sustainability efforts, and market expansions across pet care and B2B sectors.
Discover updates spanning clay-based technologies, animal health advancements, and industrial purification solutions. Benefit from organized access to corporate announcements without promotional bias, maintained through Oil-Dri's vertically integrated operational framework.
Bookmark this page for streamlined tracking of ODC's developments in mineral science and absorbent technologies. Return regularly for factual updates directly impacting understanding of the company's market position and growth trajectory.
Oil-Dri of America (NYSE: ODC) announced a dividend increase to $0.31 per share for Common Stock and $0.233 per share for Class B Stock, representing a 7% rise. This marks the 21st consecutive year of dividend increases, highlighting strong financial performance and confidence in future growth. Dividends will be payable on August 23, 2024, to shareholders who are recorded as of August 9, 2024. Historically, the company increased dividends by $0.01 annually, but this year it doubled the increase to $0.02 per share. A press release detailing Q3 2024 performance will be issued on June 6, with an earnings discussion webcast scheduled for June 7 at 10:00 a.m. Central Time.
Oil-Dri of America (NYSE: ODC) has completed the acquisition of Ultra Pet Company, Inc. for $46 million, aiming to strengthen its position in the cat litter industry. The acquisition was financed through a mix of cash and credit facilities. The combined efforts of both companies will focus on expanding in the crystal cat litter segment, optimizing operations, and sharing core values. Oil-Dri's earnings for the third quarter of fiscal 2024 will be released on June 6, 2024, followed by an earnings discussion on June 7, 2024.
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