Oil-Dri Corporation Of America (NYSE:ODC) Increases Dividend to $0.23 Per Share

Oil-Dri Corporation Of America (NYSE:ODCGet Free Report) announced a quarterly dividend on Wednesday, June 3rd. Investors of record on Friday, August 7th will be given a dividend of 0.225 per share by the specialty chemicals company on Friday, August 21st. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 7th. This is a 9.8% increase from Oil-Dri Corporation Of America’s previous quarterly dividend of $0.21.

Oil-Dri Corporation Of America has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 11 consecutive years.

Oil-Dri Corporation Of America Trading Down 0.1%

NYSE ODC opened at $77.14 on Thursday. The firm has a market capitalization of $1.12 billion, a P/E ratio of 20.90 and a beta of 0.81. The business has a fifty day simple moving average of $72.70 and a 200 day simple moving average of $62.78. Oil-Dri Corporation Of America has a 12 month low of $45.61 and a 12 month high of $79.57. The company has a current ratio of 3.45, a quick ratio of 2.40 and a debt-to-equity ratio of 0.14.

About Oil-Dri Corporation Of America

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Oil-Dri Corporation of America is a specialty materials company that develops, manufactures and markets sorbent and filtration products for industrial, environmental and consumer applications. Its flagship offerings include clay- and diatomaceous earth–based cat litters, calcium silicate absorbents for spill control and cleanup, and purification media designed to remove contaminants from petroleum, chemical and food-processing streams.

Founded in 1941 and headquartered in Chicago, Illinois, the company has evolved from a single-product operation into a diversified provider of mineral- and chemical-based solutions.

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Dividend History for Oil-Dri Corporation Of America (NYSE:ODC)

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