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Oil-Dri Corp. (ODC) Declares $0.23 Quarterly Dividend; 2.4% Yield; Authorizes Stock Repurchases

March 21, 2018 4:12 PM EDT

Oil-Dri Corp. (NYSE: ODC) declared a quarterly dividend of $0.23 per share, or $0.92 annualized.

The dividend will be payable on June 1, 2018, to stockholders of record on May 18, 2018, with an ex-dividend date of May 17, 2018.

The annual yield on the dividend is 2.4 percent.

The Board of Directors also ratified its prior authorizations to repurchase 250,000 shares of Common Stock approved on March 11, 2011 and 250,000 shares of Common Stock approved on June 14, 2012. A total of 300,822 shares of Common Stock may yet be repurchased under these authorizations. The Board of Directors also authorized the repurchase of 300,000 shares of Class B Stock.

For a dividend history and other dividend-related data on Oil-Dri Corp. (ODC) click here.



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