Oil-Dri Corp. (ODC) Raises Quarterly Dividend 16.1% to $0.18; 1.5% Yield

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Oil-Dri Marks 22 Consecutive Years of Dividend Growth with a 16% Increase  

June 4, 2025 4:35 PM EDT

CHICAGO, June 04, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared a two and a half-cent increase in the Companys quarterly cash dividend per share of Common Stock, marking the 22nd consecutive year of dividend growth. The approved dividends will be $0.18 per share of the Companys Common Stock and $0.135 per share of the Companys Class B Stock, an approximate 16% increase for both classes of stock.

Oil-Dri has paid cash dividends continuously each year since 1974, demonstrating the Companys sustained fiscal strength and disciplined capital... More