Oil-Dri Board of Directors Declares Quarterly Dividends
CHICAGO, IL -- (Marketwired) -- 06/09/16 -- The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared quarterly cash dividends of $0.22 per share of the Company's Common Stock and $0.165 per share of the Company's Class B Stock, approximately a 5% increase for both classes of stock.
The dividends declared today will be payable on September 2, 2016, to stockholders of record at the close of business on August 19, 2016. The Company has paid cash dividends continuously since 1974 and has increased dividends annually for each of the last thirteen years.
The Company expects to release earnings for its fourth quarter and 2016 fiscal year after the close of the U.S. stock market on Friday, October 7, 2016 and to host an earnings teleconference on Tuesday, October 11, 2016. Teleconference details will be communicated via web alert approximately one week prior to the call.
Oil-Dri Corporation of America is a leading supplier of specialty sorbent products for agricultural, horticultural, fluids purification, specialty, industrial and automotive markets and is a leading manufacturer of cat litter.
Reagan B. Culbertson
Investor Relations Manager
Oil-Dri Corporation of America
reagan.culbertson@oildri.com
(312) 706 3256
Source: Oil-Dri Corporation of America