Oil-Dri’s Board of Directors Declares Quarterly Dividends
11 Dicembre 2024 - 10:07PM
The Board of Directors of Oil-Dri Corporation of America (NYSE:
ODC) today declared quarterly cash dividends of $0.155 per share of
the Company’s Common Stock and $0.1165 per share of the Company’s
Class B Stock.
The dividend amount has been proportionately reduced to reflect
the anticipated two-for-one stock split, in the form of a stock
dividend, where stockholders of record at the close of business on
December 20, 2024, the record date of the stock split, will receive
one additional share of Common Stock for every share of Common
Stock held on the record date, and one additional share of Class B
Stock for every share of Class B Stock held on the record date.
Oil-Dri expects the additional shares will be distributed after
market close on January 3, 2025.
The cash dividends will be payable on March 7, 2025 to
stockholders of record at the close of business on February 21,
2025. Oil-Dri has paid cash dividends continuously each year since
1974 and has increased dividends annually for twenty-one
consecutive years.
The Company’s press release outlining its performance for the
second quarter of fiscal year 2025 will be issued after the close
of the U.S. stock market on Tuesday, March 11, 2025. Oil-Dri will
host an earnings discussion via a live webcast on Wednesday, March
12, 2025 at 10:00 a.m. Central Time. Participation details will be
posted on the Company’s website’s Events page approximately one
week prior to the call.
About Oil-Dri Corporation of AmericaOil-Dri
Corporation of America (“Oil-Dri”) is a leading manufacturer and
supplier of specialty sorbent products for the pet care, animal
health and nutrition, fluids purification, agricultural
ingredients, sports field, industrial and automotive markets.
Oil-Dri is vertically integrated which enables the Company to
efficiently oversee every step of the process from research and
development to supply chain to marketing and sales. With over 80
years of experience, the Company continues to fulfill its mission
to Create Value from Sorbent Minerals. To learn more about the
Company, please visit oildri.com.
Forward-Looking StatementsCertain statements in
this press release may contain forward-looking statements, within
the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995, that are based on our
current expectations, estimates, forecasts and projections about
our future performance, our business, our beliefs and our
management’s assumptions. In addition, we, or others on our behalf,
may make forward-looking statements in other press releases or
written statements, or in our communications and discussions with
investors and analysts in the normal course of business through
meetings, webcasts, phone calls and conference calls.
Forward-looking statements can be identified by words such as
“expect,” “outlook,” “forecast,” “would,” “could,” “should,”
“project,” “intend,” “plan,” “continue,” “believe,” “seek,”
“estimate,” “anticipate,” “may,” “assume,” “potential,” “strive,”
and similar references to future periods.
Such statements are subject to certain risks, uncertainties and
assumptions that could cause actual results to differ materially,
including, but not limited to, those described in our most recent
Annual Report on Form 10-K and from time to time in our other
filings with the Securities and Exchange Commission. Should one or
more of these or other risks or uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may
vary materially from those anticipated, intended, expected,
believed, estimated, projected, planned or otherwise expressed in
any forward-looking statements. Investors are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. Except to the
extent required by law, we do not have any intention or obligation
to update publicly any forward-looking statements after the
distribution of this press release, whether as a result of new
information, future events, changes in assumptions, or
otherwise.
Contact:Leslie A. GarberDirector of Investor
RelationsOil-Dri Corporation of
AmericaInvestorRelations@oildri.com(312) 321-1515
This press release was published by a CLEAR® Verified
individual.
Grafico Azioni Oil Dri Corp of America (NYSE:ODC)
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Da Nov 2024 a Dic 2024
Grafico Azioni Oil Dri Corp of America (NYSE:ODC)
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