Oil-Dri Corporation announced a 14% increase in its quarterly cash dividend, reflecting strong financial health and stockholder commitment.
Quiver AI Summary
Oil-Dri Corporation of America announced a 2.5-cent increase in its quarterly cash dividend, totaling $0.205 per share for Common Stock, a 14% rise from the previous quarter. This marks the second dividend increase in 2025, reflecting the company’s strong financial standing and commitment to delivering shareholder value. The dividends are set to be paid on March 6, 2026, to shareholders recorded by February 20, 2026. Oil-Dri has a long history of paying dividends, having done so continuously since 1974 and increasing them annually for the past 22 years. The company also plans to release its second-quarter fiscal results and host a related earnings webcast in March 2026.
Potential Positives
- The declaration of a two and a half-cent increase in the quarterly cash dividend per share represents a 14% gain over the previous quarter, indicating strong financial performance.
- This marks the second dividend increase in calendar year 2025, demonstrating the company's commitment to returning value to shareholders.
- Oil-Dri has consistently paid cash dividends since 1974 and has increased them annually for twenty-two consecutive years, showcasing a strong track record and stability.
- The CEO’s statement reflects confidence in the company's long-term outlook and solid financial foundation, which can positively influence investor sentiment.
Potential Negatives
- The press release focuses on a dividend increase, potentially masking underlying issues with the company's financial performance or overall market conditions that may not be favorable.
- The reliance on forward-looking statements may lead to uncertainty regarding the company's true future performance and expose it to scrutiny if projections are not met.
- The notice of the upcoming earnings discussion implies that there may be details about the company's financials that are not disclosed in this press release, leaving stakeholders waiting for potentially less favorable results.
FAQ
What is the new dividend amount declared by Oil-Dri Corporation?
The new quarterly cash dividend is $0.205 per share of Common Stock.
When will the new dividends be payable?
The dividends will be payable on March 6, 2026, to stockholders of record by February 20, 2026.
How many consecutive years has Oil-Dri increased its dividends?
Oil-Dri has increased its dividends annually for twenty-two consecutive years.
What financial performance report will Oil-Dri release?
Oil-Dri will issue its performance report for the second quarter of fiscal year 2026 on March 11, 2026.
How can investors participate in Oil-Dri's earnings discussion?
Investors can join the earnings discussion via a live webcast on March 12, 2026 at 10:00 a.m. Central Time.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ODC Insider Trading Activity
$ODC insiders have traded $ODC stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $ODC stock by insiders over the last 6 months:
- WALTER WADE ROBEY (VP, Ag ODC; President, Amlan) sold 4,025 shares for an estimated $238,199
- CHRISTOPHER B LAMSON (Group VP of Retail & Wholesale) sold 2,500 shares for an estimated $154,375
- ELLEN-BLAIR CHUBE sold 2,500 shares for an estimated $139,575
- LAURA G SCHELAND (VP & GM of Consumer Products) has made 0 purchases and 2 sales selling 1,700 shares for an estimated $102,765.
- AMY RYAN sold 1,000 shares for an estimated $60,620
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ODC Revenue
$ODC had revenues of $125.2M in Q4 2025. This is an increase of 10.12% from the same period in the prior year.
You can track ODC financials on Quiver Quantitative's ODC stock page.
$ODC Hedge Fund Activity
We have seen 83 institutional investors add shares of $ODC stock to their portfolio, and 58 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ROYCE & ASSOCIATES LP removed 243,300 shares (-71.8%) from their portfolio in Q3 2025, for an estimated $14,851,032
- DIMENSIONAL FUND ADVISORS LP removed 98,148 shares (-14.8%) from their portfolio in Q3 2025, for an estimated $5,990,953
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 52,631 shares (+173.5%) to their portfolio in Q3 2025, for an estimated $3,212,596
- TWO SIGMA INVESTMENTS, LP added 45,294 shares (+111.8%) to their portfolio in Q3 2025, for an estimated $2,764,745
- MILLENNIUM MANAGEMENT LLC added 42,572 shares (+75.2%) to their portfolio in Q3 2025, for an estimated $2,598,594
- AMERICAN CENTURY COMPANIES INC added 35,302 shares (+9.6%) to their portfolio in Q3 2025, for an estimated $2,154,834
- TUDOR INVESTMENT CORP ET AL added 34,706 shares (+190.4%) to their portfolio in Q3 2025, for an estimated $2,118,454
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
CHICAGO, Dec. 10, 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 Company’s quarterly cash dividend per share of Common Stock, representing a 14% gain over the previous quarter. This marks the second time in calendar year 2025 that the Company raised the dividend. The approved dividends will be $0.205 per share of the Company’s Common Stock and $0.153 per share of the Company’s Class B Stock.
“This dividend increase demonstrates our solid financial foundation, strong cash position, and confidence in the Company’s long-term outlook,” said Daniel S. Jaffee, President and Chief Executive Officer of Oil-Dri. “This decision further emphasizes our dedication to delivering sustained, meaningful value to our stockholders.”
The cash dividends will be payable on March 6, 2026 to stockholders of record at the close of business on February 20, 2026. Oil-Dri has paid cash dividends continuously each year since 1974 and has increased dividends annually for twenty-two consecutive years.
The Company’s press release outlining its performance for the second quarter of fiscal year 2026 will be issued after the close of the U.S. stock market on Wednesday, March 11, 2026. Oil-Dri will host an earnings discussion via a live webcast on Thursday, March 12, 2026 at 10:00 a.m. Central Time. Participation details will be posted on the Company’s website’s Events page approximately one week prior to the call.
About Oil-Dri Corporation of America
Oil-Dri Corporation of America (“Oil-Dri”) is a leading manufacturer and supplier of specialty sorbent products for the pet care, animal health and nutrition, fluids purification, agricultural ingredients, sports field, industrial and automotive markets. Oil-Dri is vertically integrated which enables the Company to efficiently oversee every step of the process from research and development to supply chain to marketing and sales. With over 80 years of experience, the Company continues to fulfill its mission to
Create Value from Sorbent Minerals
. To learn more about the Company, please visit
oildri.com
.
Forward-Looking Statements
Certain statements in this press release may constitute forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Our forward-looking statements include, but are not limited to, statements regarding our or our management team’s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are based on management’s current expectations, estimates, forecasts, assumptions and projections about future events, our future performance, the future of our business, our plans and strategies, projections, anticipated trends, the economy and other future developments and their potential effects on us. In addition, we, or others on our behalf, may make forward-looking statements in other press releases or written statements, or in our communications and discussions with investors and analysts in the normal course of business through meetings, webcasts, phone calls and conference calls. Forward-looking statements can be identified by words such as “expect,” “outlook,” “forecast,” “would,” “could,” “should,” “project,” “intend,” “plan,” “continue,” “believe,” “seek,” “estimate,” “anticipate,” “may,” “assume,” “potential,” “strive,” and variations of such words and similar references to future periods.
Such statements are subject to certain risks, uncertainties and assumptions that could cause actual results to differ materially from those anticipated, intended, expected, believed, estimated, projected, planned or otherwise expressed in any forward-looking statements, including, but not limited to, those described in our most recent Annual Report on Form 10-K and from time to time in our other filings with the Securities and Exchange Commission. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except to the extent required by law, we do not have any intention or obligation to update publicly any forward-looking statements after the distribution of this press release, whether as a result of new information, future events, changes in assumptions, or otherwise.
Contact:
Leslie A. Garber
Director of Investor Relations
Oil-Dri Corporation of America
[email protected]
(312) 321-1515