Oil-Dri’s Board of Directors Declares Quarterly Dividends

Rhea-AI Summary

Oil-Dri of America (NYSE: ODC) has announced its quarterly dividend distribution. The company declared dividends of $0.155 per share for Common Stock and $0.1165 per share for Class B Stock, payable on May 23, 2025, to stockholders of record as of May 9, 2025.

The announcement highlights Oil-Dri's consistent dividend payment history, having distributed cash dividends every year since 1974, with annual increases for twenty-one consecutive years. The company also scheduled its third quarter fiscal 2025 earnings release for June 5, 2025, after market close, followed by a live webcast earnings discussion on June 6, 2025.

Positive

• 21 consecutive years of dividend increases
• 49-year track record of continuous dividend payments since 1974
• Maintained regular quarterly dividend distribution

Negative

• None.

CHICAGO, March 12, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared quarterly cash dividends of $0.155 per share of the Company’s Common Stock and $0.1165 per share of the Company’s Class B Stock.

The cash dividends will be payable on May 23, 2025 to stockholders of record at the close of business on May 9, 2025. Oil-Dri has paid cash dividends continuously each year since 1974 and has increased dividends annually for twenty-one consecutive years.

The Company’s press release outlining its performance for the third quarter of fiscal year 2025 will be issued after the close of the U.S. stock market on Thursday, June 5, 2025. Oil-Dri will host an earnings discussion via a live webcast on Friday, June 6, 2025 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 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

This press release was published by a CLEAR® Verified individual.

FAQ

What is the dividend amount for Oil-Dri (ODC) Common Stock in Q2 2025?

Oil-Dri declared a quarterly dividend of $0.155 per share for Common Stock.

When is the dividend payment date for Oil-Dri (ODC)?

The dividend will be paid on May 23, 2025, to stockholders of record as of May 9, 2025.

How long has Oil-Dri (ODC) been paying dividends?

Oil-Dri has paid cash dividends continuously each year since 1974, with 21 consecutive years of annual increases.

When will Oil-Dri (ODC) release its Q3 fiscal 2025 earnings?

Oil-Dri will release its Q3 fiscal 2025 earnings on June 5, 2025, after market close.

What is the dividend amount for Oil-Dri (ODC) Class B Stock?

Oil-Dri declared a quarterly dividend of $0.1165 per share for Class B Stock.