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The Board of Directors of Oil-Dri Corporation of America (NYSE:ODC) today declared a two and a half-cent increase in the Company's quarterly cash dividend per share of Common Stock, marking the 22nd consecutive year of dividend growth. The approved dividends will be $0.18 per share of the Company's Common Stock and $0.135 per share of the Company's Class B Stock, an approximate 16% increase for both classes of stock.
Oil-Dri has paid cash dividends continuously each year since 1974, demonstrating the Company's sustained fiscal strength and disciplined capital management over time.
Posted In: ODC