Oil-Dri Corporation Of America to Issue Quarterly Dividend of $0.23 (ODC)
Oil-Dri Corporation Of America (NYSE:ODC) declared a quarterly dividend on Thursday, December 14th, Wall Street Journal reports. Investors of record on Friday, February 16th will be given a dividend of 0.23 per share by the specialty chemicals company on Friday, March 2nd. This represents a $0.92 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend is Thursday, February 15th.
Oil-Dri Corporation Of America has raised its dividend payment by an average of 31.3% annually over the last three years and has raised its dividend annually for the last 14 consecutive years.
Oil-Dri Corporation Of America (NYSE:ODC) traded up $0.58 during trading on Thursday, reaching $43.32. 7,600 shares of the company were exchanged, compared to its average volume of 7,767. Oil-Dri Corporation Of America has a fifty-two week low of $31.35 and a fifty-two week high of $50.82. The stock has a market cap of $311.79, a price-to-earnings ratio of 26.55 and a beta of 1.09. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.20 and a quick ratio of 2.26.
About Oil-Dri Corporation Of America
Oil-Dri Corporation of America is engaged in developing, manufacturing and/or marketing sorbent products. The Company operates through two segments: Retail and Wholesale Products Group, and Business to Business Products Group. The Retail and Wholesale Products Group’s customers include mass merchandisers, wholesale clubs, drugstore chains, dollar stores, distributors of industrial cleanup and automotive products, environmental service companies and sports field product users.
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