Oil-Dri Corporation Of America (ODC) To Go Ex-Dividend on November 6th

Oil-Dri Corporation Of America (NYSE:ODC) declared a quarterly dividend on Wednesday, October 7th. Shareholders of record on Friday, November 6th will be paid a dividend of $0.2250 per share by the specialty chemicals company on Friday, November 20th. This represents a $0.90 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, November 6th.

Oil-Dri Corporation Of America has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 11 consecutive years.

Oil-Dri Corporation Of America Stock Down 4.0%

ODC opened at $84.31 on Friday. Oil-Dri Corporation Of America has a one year low of $45.61 and a one year high of $107.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.40 and a current ratio of 3.28. The stock has a market capitalization of $1.22 billion, a P/E ratio of 21.67 and a beta of 0.76. The business’s 50-day simple moving average is $90.23 and its 200-day simple moving average is $85.98.

Oil-Dri Corporation Of America (NYSE:ODC) last announced its earnings results on Thursday, October 8th. The specialty chemicals company reported $1.00 earnings per share (EPS) for the quarter. The firm had revenue of $129.29 million during the quarter. Oil-Dri Corporation Of America had a return on equity of 20.53% and a net margin of 11.35%.

Wall Street Analyst Weigh In

ODC has been the subject of a number of research reports. Wall Street Zen cut Oil-Dri Corporation Of America from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 15th. Weiss Ratings restated a “buy (b)” rating on shares of Oil-Dri Corporation Of America in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Oil-Dri Corporation Of America currently has a consensus rating of “Buy”.

About Oil-Dri Corporation Of America

Oil-Dri Corporation of America develops, manufactures and markets mineral-based products designed to absorb, filter and control liquids and odors. The company serves consumer, industrial, agricultural and specialty markets, using products such as fuller’s earth and other absorbent minerals in a range of applications.

Its consumer products include cat litter and related animal-care products sold under brands such as Cat’s Pride and Jonny Cat. Oil-Dri also supplies absorbent products for industrial and commercial uses, including spill cleanup, oil and grease absorption, moisture control, filtration, sports-field maintenance and other specialized applications.

Founded in 1941, Oil-Dri is headquartered in Chicago, Illinois.