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The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. The company operates in two divisions, Business Solutions and Retail. The Business Solutions division offers office supply products and services, cleaning and breakroom supplies, technology services, copy and print services, and office furniture products and services through sales forces, catalogs, and telesales, as well as through Internet Websites in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada. The Retail division operates a chain of retail stores, which offer office supplies; technology products and solutions; business machines and related supplies; print, cleaning, breakroom, and facilities products; and furniture, as well as printing, copying, mailing, and shipping services. As of December 31, 2021, this division operated 1,038 retail stores in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers its products under various brands, including Office Depot, OfficeMax, and Grand&Toy, as well as others. The ODP Corporation was incorporated in 1986 and is headquartered in Boca Raton, Florida.

ODP Dividend Announcement

ODP announced a quarterly dividend of $0.03 per ordinary share which will be made payable on 2020-03-13. Ex dividend date: 2020-02-28
ODP's trailing twelve-month (TTM) dividend yield is -%

ODP Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-02-28$0.03quarterly2020-03-13
2019-11-21$0.03quarterly2019-12-13
2019-08-22$0.03quarterly2019-09-13
2019-05-23$0.03quarterly2019-06-14
2019-02-28$0.03quarterly2019-03-15
2018-11-21$0.03quarterly2018-12-14
2018-08-23$0.03quarterly2018-09-14
2018-05-24$0.03quarterly2018-06-15
2018-03-01$0.03quarterly2018-03-15
2017-11-22$0.03quarterly2017-12-15
2017-08-23$0.03quarterly2017-09-15
2017-05-23$0.03quarterly2017-06-15
2017-03-01$0.03quarterly2017-03-15
2016-11-22$0.03quarterly2016-12-15
2016-08-23$0.03quarterly2016-09-15

ODP Dividend per year

ODP Dividend growth

ODP Dividend Yield

ODP current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing ODP stock? Use our calculator to estimate your expected dividend yield:

ODP Financial Ratios

P/E ratio-43.62
PEG ratio4.28
P/B ratio1.22
ROE-2.37%
Payout ratio0.00%
Current ratio0.90
Quick ratio0.43
Cash Ratio0.11

ODP Dividend FAQ

How much is the next ODP dividend?
ODP's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next ODP dividend. The next ODP dividend will be released in February, May, August, or November.
When is ODP dividend paid?
ODP pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does ODP pay?
The specific amount of ODP dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find ODP's dividend history.
Does ODP stock pay dividends?
Yes, ODP does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find ODP's dividend history.
How much dividend does ODP pay?
ODP paid $0.0 in 2024, $0.0 in 2023, $0.0 in 2022, $0.0 in 2021, and $0.025 in 2020.
How often does ODP pay dividends?
ODP typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is ODP's dividend yield?
The current dividend yield for ODP is -%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate ODP's exact dividend yield.
When does ODP go ex dividend?
ODP's ex-dividend date for the latest dividend was on 2020-02-28. ODP typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next ODP dividend paid?
ODP pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will ODP increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether ODP will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is ODP dividend per share?
ODP paid $0.0 per share in 2024 and $0.0 per share in 2023. The amount of dividend per share that ODP pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is ODP a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is ODP a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is ODP a dividend stock?
Yes, ODP is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is ODP a good dividend stock?
Whether ODP is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. ODP has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating ODP as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does ODP pay dividends monthly?
ODP typically pays dividends on a quarterly basis.
Does ODP pay dividends quarterly?
ODP currently pays dividends on a quarterly basis.
Has ODP ever paid a dividend?
Yes, ODP has a history of paying dividends to its shareholders. ODP is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy ODP dividend stocks?
To buy ODP you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy ODP stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does ODP pay dividends 2024?
ODP pays dividends on a quarterly basis. 2024 dividend payments are in 2020-03-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will ODP increase its dividend in 2024?
Decisions regarding ODP dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date ODP dividend overview you can look into the above table of dividend history.
How ODP dividend works?
The ODP dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how ODP's dividend process works:

1. Determination of Dividend: ODP's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, ODP publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, ODP distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from ODP are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are ODP dividends paid?
ODP dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: ODP sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, ODP distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: ODP declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does ODP pay dividends?
ODP typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does ODP pay dividends?
The general pattern is that ODP pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is ODP dividend safe?
The safety of ODP's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of ODP's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review ODP's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.