Oil-Dri Increases Dividends for the 17th Year in a Row
10 June 2020 - 6:05AM
The Board of Directors of Oil-Dri Corporation of America (NYSE:
ODC) today declared quarterly cash dividends of $0.26 per share of
the Company’s Common Stock and $0.195 per share of the Company’s
Class B Stock, a 4% increase for both classes of stock.
The dividends declared will be payable on August 28, 2020 to
stockholders of record at the close of business on August 14, 2020.
The Company has paid cash dividends continuously since 1974. This
declaration marks the seventeenth consecutive year Oil-Dri has
increased dividends.
The Company expects to release earnings for its fourth quarter
of fiscal 2020 after the close of the U.S. stock market on Tuesday,
October 13, 2020 and to host an Investor Teleconference on
Wednesday, October 14, 2020. Teleconference participation details
will be communicated via web alert and posted on the Events page of
the Company’s website approximately one week prior to the call.
While Oil-Dri’s founding product was granular clay floor
absorbents, it has since greatly diversified its portfolio. The
Company’s mission to “Create Value from Sorbent Minerals” is
supported by its wide array of consumer and business to business
product offerings. To learn more about the Company, please visit
www.oildri.com.
Category: Dividends
Contact:Leslie A. GarberManager of Investor RelationsOil-Dri
Corporation of AmericaInvestorRelations@oildri.com(312)
321-1515
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