Oil-Dri raises dividend for 23rd consecutive year, authorizes buybacks

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Oil-Dri Increases Dividends for 23rd Consecutive Year and Authorizes Stock Repurchases

June 3, 2026 4:11 PM EDT

CHICAGO, June 03, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared a two-cent increase in the Companys quarterly cash dividend per share of Common Stock, marking the 23rd consecutive year of dividend growth. The new dividend will be $0.225 per share of the Companys Common Stock and $0.168 per share of the Companys Class B Stock, an approximate 10% 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 management over... More