Oil-Dri Corp. of America Director Buys $68,000 in Stock (ODC)
Oil-Dri Corp. of America (NYSE:ODC) Director Allan Selig purchased 2,000 shares of Oil-Dri Corp. of America stock on the open market in a transaction that occurred on Friday, October 18th. The stock was purchased at an average cost of $34.00 per share, with a total value of $68,000.00. Following the completion of the transaction, the director now directly owns 15,000 shares of the company’s stock, valued at approximately $510,000. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Oil-Dri Corp. of America (NYSE:ODC) traded up 1.31% during mid-day trading on Friday, hitting $34.02. 16,145 shares of the company’s stock traded hands. Oil-Dri Corp. of America has a 1-year low of $20.82 and a 1-year high of $35.60. The stock’s 50-day moving average is $32. and its 200-day moving average is $29.55. The company has a market cap of $230.2 million and a P/E ratio of 16.22.
The company also recently announced a quarterly dividend, which is scheduled for Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 2.23%. The ex-dividend date is Wednesday, November 13th.
Oil-Dri Corporation of America, is engaged in developing, manufacturing and marketing sorbent products.
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