1. ODC raised its quarterly dividend by 14%, marking a positive trend. 2. This is the second dividend increase in 2025, highlighting strong financial health. 3. Dividends demonstrate management's confidence in ODC's long-term outlook and cash position. 4. ODC has increased dividends for 22 consecutive years, indicating stability. 5. Upcoming earnings release on March 11, 2026, may provide further insights.
FAQ
Why Very Bullish?
The significant dividend increase indicates strong business fundamentals and enhances investor confidence. Historically, such actions often lead to positive stock price performance.
How important is it?
The dividend increase signals financial health, potentially attracting more investors. Historical trends suggest dividend increases often correlate with rising stock prices.
Why Short Term?
The upcoming dividend payment and earnings report could drive immediate stock interest. Dividend announcements typically result in short-term positive price movements.
Oil-Dri Corporation Announces 14% Increase in Quarterly Dividends
On December 10, 2025, the Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) declared a notable increase in its quarterly cash dividend. This decision reflects a two and a half-cent rise, raising the dividend to $0.205 per share for its Common Stock and $0.153 per share for Class B Stock. This increase represents a significant 14% gain over the previous quarter.
Details of the Dividend Announcement
This marks the second dividend increase for the calendar year 2025. The dividends will be payable on March 6, 2026, to stockholders recorded as of the market close on February 20, 2026. Notably, Oil-Dri has consistently paid cash dividends since 1974 and has successfully increased its dividends annually for the past twenty-two consecutive years.
Management's Perspective
Daniel S. Jaffee, President and CEO of Oil-Dri, expressed confidence in the company's long-term outlook, stating, “This dividend increase demonstrates our solid financial foundation, strong cash position, and confidence in the Company’s long-term outlook.” He emphasized the company's commitment to delivering sustained value to its shareholders.
Upcoming Financial Reports and Earnings Call
Oil-Dri plans to release its performance report for the second quarter of fiscal year 2026 after the U.S. stock market closes on March 11, 2026. Furthermore, the company will host a live webcast discussion on earnings on March 12, 2026, at 10:00 a.m. Central Time. Details for participation will be available on the company’s Events page approximately one week prior to the call.
About Oil-Dri Corporation
Founded over 80 years ago, Oil-Dri Corporation is a premier manufacturer and supplier of specialty sorbent products. The company serves various sectors, including pet care, animal health, agriculture, industrial, automotive, and sports field markets. Oil-Dri’s vertical integration allows for efficient oversight of the entire process, from research and development to marketing and sales. For more details, please visit oildri.com.
Forward-Looking Statements
Certain statements in this article may contain forward-looking statements within the provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements rely on current expectations and projections about future events and performance, which may differ due to various risks and uncertainties. Investors are encouraged to review Oil-Dri’s SEC filings for detailed information on potential risks.
Contact Information
For further inquiries, please reach out to:
- Leslie A. Garber
- Director of Investor Relations
- Email: InvestorRelations@oildri.com
- Phone: (312) 321-1515