Oil-Dri Corp Declares $0.205 Quarterly Dividend, Extends 22-Year Increase Streak
Oil-Dri Corporation of America declared a quarterly dividend of $0.205 per share on its common stock, payable May 22 to shareholders of record May 8. The specialty sorbent manufacturer has raised its dividend annually for 22 consecutive years.
Oil-Dri Corporation of America (NYSE: ODC), a manufacturer of specialty sorbent products for pet care and industrial markets, declared a quarterly cash dividend of $0.205 per share on its common stock. The company's board approved the dividend at its March 11 meeting. Read more dividend announcements.
The dividend will be paid May 22 to shareholders of record as of May 8. Oil-Dri also declared a dividend of $0.153 per share on its Class B stock, payable on the same schedule.
The Chicago-based company has paid cash dividends every year since 1974 and has increased its dividend annually for 22 consecutive years. The company manufactures sorbent products used in pet care, animal health, fluids purification, agricultural ingredients, and industrial applications.
| Dividend Details | Common Stock | Class B Stock |
|---|---|---|
| Amount | $0.205 per share | $0.153 per share |
| Record Date | May 8, 2026 | May 8, 2026 |
| Payment Date | May 22, 2026 | May 22, 2026 |
| Frequency | Quarterly | Quarterly |
Oil-Dri is vertically integrated, overseeing operations from research and development through supply chain management to sales. The company has operated for more than 80 years in the specialty sorbent minerals sector.
The company plans to release its third-quarter fiscal 2026 earnings results after market close on June 8, 2026, followed by a webcast earnings discussion on June 9 at 10:00 a.m. Central Time.