Oil-Dri Corporation of America, together with its subsidiaries, develops, manufactures, and markets sorbent products in the United States and internationally. It operates in two segments, Retail and Wholesale Products Group; and Business to Business Products Group. The company provides agricultural and horticultural products, including mineral-based absorbent products that serve as chemical carriers, drying agents, and growing media under the Agsorb, Verge, and Flo-Fre brand names. It also offers animal health and nutrition products for the livestock industry under the Amlan, Calibrin, Varium, Neoprime, MD-09, and Pel-Unite and Pel-Unite Plus brand names; and bleaching clay and purification aid products for bleaching, purification, and filtration applications under the Pure-Flo, Perform, Select, and Ultra-Clear brand names. In addition, the company provides cat litter products, such as scoopable and non-clumping litters under the Cat's Pride and Jonny Cat brand names; industrial and automotive sorbent products from clay, polypropylene, and recycled materials that absorb oil, acid, paint, ink, water, and other liquids under the Oil-Dri brand name; and sports products for use on baseball, softball, football, and soccer fields under the Pro's Choice brand name. Its customers include mass merchandisers, wholesale clubs, drugstore chains, pet specialty retail outlets, dollar stores, retail grocery stores, distributors of industrial cleanup and automotive products, environmental service companies, and sports field product and sports turf material users; processors and refiners of edible oils, petroleum-based oils, and biodiesel fuel; manufacturers of animal feed and agricultural chemicals; distributors of animal health and nutrition products; and marketers of consumer products. Oil-Dri Corporation of America was founded in 1941 and is based in Chicago, Illinois.
Oil-Dri of America Dividend Announcement
• Oil-Dri of America announced a quarterly dividend of $0.31 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-08
• Oil-Dri of America annual dividend for 2024 was $1.20
• Oil-Dri of America annual dividend for 2023 was $1.14
• Oil-Dri of America's trailing twelve-month (TTM) dividend yield is 1.75%
• Oil-Dri of America's payout ratio for the trailing twelve months (TTM) is 17.70%
• Oil-Dri of America's dividend growth over the last five years (2018-2023) was 3.93% year
• Oil-Dri of America's dividend growth over the last ten years (2013-2023) was 11.61% year
Oil-Dri of America Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-08 | $0.31 | quarterly | 2024-11-22 |
| 2024-08-09 | $0.31 | quarterly | 2024-08-23 |
| 2024-05-09 | $0.29 | quarterly | 2024-05-24 |
| 2024-02-22 | $0.29 | quarterly | 2024-03-08 |
| 2023-11-09 | $0.29 | quarterly | 2023-11-24 |
| 2023-08-10 | $0.29 | quarterly | 2023-08-25 |
| 2023-05-11 | $0.28 | quarterly | 2023-05-26 |
| 2023-02-09 | $0.28 | quarterly | 2023-02-24 |
| 2022-11-09 | $0.28 | quarterly | 2022-11-25 |
| 2022-08-11 | $0.28 | quarterly | 2022-08-26 |
| 2022-05-12 | $0.27 | quarterly | 2022-05-27 |
| 2022-02-10 | $0.27 | quarterly | 2022-02-25 |
| 2021-11-10 | $0.27 | quarterly | 2021-11-26 |
| 2021-08-12 | $0.27 | quarterly | 2021-08-27 |
| 2021-05-13 | $0.26 | quarterly | 2021-05-28 |
| 2021-02-11 | $0.26 | quarterly | 2021-02-26 |
| 2020-11-12 | $0.26 | quarterly | 2020-11-27 |
| 2020-08-13 | $0.26 | quarterly | 2020-08-28 |
| 2020-05-14 | $0.25 | quarterly | 2020-05-29 |
| 2020-02-13 | $0.25 | quarterly | 2020-02-28 |
| 2019-11-14 | $0.25 | quarterly | 2019-11-29 |
| 2019-08-15 | $0.25 | quarterly | 2019-08-30 |
| 2019-05-16 | $0.24 | quarterly | 2019-05-31 |
| 2019-02-14 | $0.24 | quarterly | 2019-03-01 |
| 2018-11-15 | $0.24 | quarterly | 2018-11-30 |
| 2018-08-16 | $0.24 | quarterly | 2018-08-31 |
| 2018-05-17 | $0.23 | quarterly | 2018-06-01 |
| 2018-02-15 | $0.23 | quarterly | 2018-03-02 |
| 2017-11-16 | $0.23 | quarterly | 2017-12-01 |
| 2017-08-16 | $0.23 | quarterly | 2017-09-01 |
| 2017-05-17 | $0.22 | quarterly | 2017-06-02 |
| 2017-02-15 | $0.22 | quarterly | 2017-03-03 |
| 2016-11-16 | $0.22 | quarterly | 2016-12-02 |
| 2016-08-17 | $0.22 | quarterly | 2016-09-02 |
| 2016-05-18 | $0.21 | quarterly | 2016-06-03 |
| 2016-02-17 | $0.21 | quarterly | 2016-03-04 |
| 2015-11-18 | $0.21 | quarterly | 2015-12-04 |
| 2015-08-19 | $0.21 | quarterly | 2015-09-04 |
| 2015-05-13 | $0.20 | quarterly | 2015-05-29 |
| 2015-02-18 | $0.20 | quarterly | 2015-03-06 |
| 2014-11-12 | $0.15 | quarterly | 2014-11-28 |
| 2014-08-13 | $0.20 | quarterly | 2014-08-29 |
| 2014-05-14 | $0.19 | quarterly | 2014-05-30 |
| 2014-02-19 | $0.19 | quarterly | 2014-03-07 |
| 2013-11-13 | $0.19 | quarterly | 2013-11-29 |
| 2013-08-14 | $0.19 | quarterly | 2013-08-30 |
Oil-Dri of America Dividend per year
Oil-Dri of America Dividend growth
Oil-Dri of America Dividend Yield
Oil-Dri of America current trailing twelve-month (TTM) dividend yield is 1.75%. Interested in purchasing Oil-Dri of America stock? Use our calculator to estimate your expected dividend yield:
Oil-Dri of America Financial Ratios
P/E ratio7.51
PEG ratio-3.69
P/B ratio0.00
ROE29.57%
Payout ratio17.70%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Oil-Dri of America Dividend FAQ
How much is the next Oil-Dri of America dividend?
Oil-Dri of America's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Oil-Dri of America dividend. The next Oil-Dri of America dividend will be released in February, May, August, or November.
When is Oil-Dri of America dividend paid?
Oil-Dri of America 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 Oil-Dri of America pay?
The specific amount of Oil-Dri of America 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 Oil-Dri of America's dividend history.
Does Oil-Dri of America stock pay dividends?
Yes, Oil-Dri of America 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 Oil-Dri of America's dividend history.
How much dividend does Oil-Dri of America pay?
Oil-Dri of America paid $1.2 in 2024, $1.14 in 2023, $1.1 in 2022, $1.06 in 2021, and $1.02 in 2020.
How often does Oil-Dri of America pay dividends?
Oil-Dri of America 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 Oil-Dri of America's dividend yield?
The current dividend yield for Oil-Dri of America is 1.75%. 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 Oil-Dri of America's exact dividend yield.
When does Oil-Dri of America go ex dividend?
Oil-Dri of America's ex-dividend date for the latest dividend was on 2024-11-08. Oil-Dri of America 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 Oil-Dri of America dividend paid?
Oil-Dri of America pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Oil-Dri of America 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 Oil-Dri of America 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 Oil-Dri of America dividend per share?
Oil-Dri of America paid $1.2 per share in 2024 and $1.14 per share in 2023. The amount of dividend per share that Oil-Dri of America 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 Oil-Dri of America 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 Oil-Dri of America 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 Oil-Dri of America a dividend stock?
Yes, Oil-Dri of America is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Oil-Dri of America a good dividend stock?
Whether Oil-Dri of America is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Oil-Dri of America has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Oil-Dri of America 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.
Other factors to consider when evaluating Oil-Dri of America 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 Oil-Dri of America pay dividends monthly?
Oil-Dri of America typically pays dividends on a quarterly basis.
Does Oil-Dri of America pay dividends quarterly?
Oil-Dri of America currently pays dividends on a quarterly basis.
Has Oil-Dri of America ever paid a dividend?
Yes, Oil-Dri of America has a history of paying dividends to its shareholders. Oil-Dri of America is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Oil-Dri of America dividend stocks?
To buy Oil-Dri of America 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 Oil-Dri of America 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.
Place an order: Use the brokerage's trading platform to place an order to buy Oil-Dri of America 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 Oil-Dri of America pay dividends 2024?
Oil-Dri of America pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-22. 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 Oil-Dri of America increase its dividend in 2024?
Decisions regarding Oil-Dri of America 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 Oil-Dri of America dividend overview you can look into the above table of dividend history.
How Oil-Dri of America dividend works?
The Oil-Dri of America 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 Oil-Dri of America's dividend process works:
1. Determination of Dividend: Oil-Dri of America'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, Oil-Dri of America 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, Oil-Dri of America 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 Oil-Dri of America 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.
1. Determination of Dividend: Oil-Dri of America'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, Oil-Dri of America 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, Oil-Dri of America 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 Oil-Dri of America 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 Oil-Dri of America dividends paid?
Oil-Dri of America dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Oil-Dri of America 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, Oil-Dri of America distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Oil-Dri of America 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.
1. Record Date: Oil-Dri of America 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, Oil-Dri of America distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Oil-Dri of America 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 Oil-Dri of America pay dividends?
Oil-Dri of America 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 Oil-Dri of America pay dividends?
The general pattern is that Oil-Dri of America 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 Oil-Dri of America dividend safe?
The safety of Oil-Dri of America'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 Oil-Dri of America'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 Oil-Dri of America'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.
To assess the safety of Oil-Dri of America'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 Oil-Dri of America'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.