The Board of Directors of Oil-Dri Corporation of America (ODC) declared a 2.5c increase in the company’s quarterly cash dividend per share of common stock, marking the 22nd consecutive year of dividend growth. The approved dividends will be 18c per share of the company’s common stock and 13.5c per share of the company’s Class B Stock, an approximate 16% increase for both classes of stock. The cash dividends will be payable on August 22 to stockholders of record at the close of business on August 8.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.