Oil-Dri (NYSE: ODC) extends long streak with new cash dividends
Rhea-AI Filing Summary
Oil-Dri Corporation of America announced that its Board of Directors declared quarterly cash dividends of $0.205 per share of Common Stock and $0.153 per share of Class B Stock. These dividends will be paid on May 22, 2026 to stockholders of record on May 8, 2026.
The company noted it has paid cash dividends every year since 1974 and raised them annually for twenty-two consecutive years. Oil-Dri also plans to issue its third quarter fiscal 2026 performance press release on June 8, 2026 and host a webcast on June 9, 2026.
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8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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FAQ
What did Oil-Dri (ODC) announce in its latest 8-K filing?
Oil-Dri announced its Board declared quarterly cash dividends of $0.205 per share of Common Stock and $0.153 per share of Class B Stock. The filing also referenced an attached press release with additional details and timing information for these dividends and upcoming earnings communications.
What are the new Oil-Dri (ODC) quarterly dividend amounts?
Oil-Dri’s Board declared quarterly cash dividends of $0.205 per share for its Common Stock and $0.153 per share for its Class B Stock. These amounts reflect the company’s ongoing dividend program and will be paid to eligible shareholders on a specified May 2026 payment date.
When is the Oil-Dri (ODC) dividend record date and payment date?
The dividends will be paid on May 22, 2026 to stockholders of record at the close of business on May 8, 2026. Investors holding Common or Class B shares on the record date will be entitled to receive the corresponding cash dividend amount per share.
How long has Oil-Dri (ODC) paid and increased dividends?
Oil-Dri has paid cash dividends every year since 1974 and has increased its dividend annually for twenty-two consecutive years. This track record reflects a long-standing capital return practice, with the current declaration continuing that multi-decade pattern of regular shareholder distributions.
When will Oil-Dri (ODC) release Q3 fiscal 2026 results and hold its webcast?
Oil-Dri plans to issue its press release outlining third quarter fiscal 2026 performance after the U.S. market close on Monday, June 8, 2026. The company will then host an earnings discussion via live webcast on Tuesday, June 9, 2026 at 10:00 a.m. Central Time.
What markets does Oil-Dri (ODC) serve with its sorbent products?
Oil-Dri is a manufacturer and supplier of specialty sorbent products serving pet care, animal health and nutrition, fluids purification, agricultural ingredients, sports field, industrial and automotive markets. The company is vertically integrated, managing functions from research and development through supply chain, marketing and sales.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||||||
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 8.01 | Other Events. | |||||||
On March 12, 2026, the Company issued a press release announcing that, at its regular meeting on March 11, 2026, the Board of Directors of the Company declared quarterly cash dividends of $0.205 per share of Common Stock and $0.153 per share of Class B Stock. The dividends will be payable on May 22, 2026 to stockholders of record at the close of business on May 8, 2026.
A copy of the press release is attached as Exhibit 99.1, and the information contained therein is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. | |||||||
(d)Exhibits
| Exhibit | ||||||||
| Number | Description of Exhibits | |||||||
| 99.1 | Dividends Press Release of the Company dated March 12, 2026 | |||||||
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the iXBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| OIL-DRI CORPORATION OF AMERICA | |||||||||||
| By: | /s/ Anthony W. Parker | ||||||||||
| Anthony W. Parker | |||||||||||
| Vice President, General Counsel & Secretary | |||||||||||
Date: March 12, 2026
410 N. Michigan Ave. Chicago, Illinois 60611, U.S.A
News Announcement
For Immediate Release
Exhibit 99.1
Oil-Dri’s Board of Directors Declares Quarterly Dividends
CHICAGO—(March 12, 2026)—The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) yesterday declared quarterly cash dividends of $0.205 per share of the Company’s Common Stock and $0.153 per share of the Company’s Class B Stock.
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