Oil-Dri Corp of America's latest quarterly cash dividend of $0.29 per share was issued to shareholders on record before Feb 22, 2024. At an annualized rate of $1.15 per share, the stock yields 1.66%.
Oil-Dri Corp of America's dividend yield of 1.66% is lower than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 1.94%, Oil-Dri Corp of America's dividend yield is 14% lower. The historical 5-year average of ODC's dividend yield is 2.9%, which is more than the current one.
Oil-Dri Corp of America has been paying dividends for the last 29 years. Our records show that ODC has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 3.6% since twelve months ago. However with the price of the stock up by 54% from a year ago, the dividend yield has a decrease of 33%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 22, 2024 | Mar 8, 2024 | Dec 14, 2023 | $0.29 | normal |
| Nov 9, 2023 | Nov 24, 2023 | Oct 4, 2023 | $0.29 | normal |
| Aug 10, 2023 | Aug 25, 2023 | Jun 8, 2023 | $0.29 | normal |
| May 11, 2023 | May 26, 2023 | Mar 22, 2023 | $0.28 | normal |
| Feb 9, 2023 | Feb 24, 2023 | Dec 8, 2022 | $0.28 | normal |
| Nov 9, 2022 | Nov 25, 2022 | Oct 14, 2022 | $0.28 | normal |
| Aug 11, 2022 | Aug 26, 2022 | Jun 8, 2022 | $0.28 | normal |
| May 12, 2022 | May 27, 2022 | Mar 23, 2022 | $0.27 | normal |
| Feb 10, 2022 | Feb 25, 2022 | Dec 8, 2021 | $0.27 | normal |
| Nov 10, 2021 | Nov 26, 2021 | Oct 14, 2021 | $0.27 | normal |
| Aug 12, 2021 | Aug 27, 2021 | Jun 9, 2021 | $0.27 | normal |
| May 13, 2021 | May 28, 2021 | Mar 10, 2021 | $0.26 | normal |
| Feb 11, 2021 | Feb 26, 2021 | Dec 9, 2020 | $0.26 | normal |
| Nov 12, 2020 | Nov 27, 2020 | Oct 14, 2020 | $0.26 | normal |
| Aug 13, 2020 | Aug 28, 2020 | Jun 9, 2020 | $0.26 | normal |
| May 14, 2020 | May 29, 2020 | Mar 6, 2020 | $0.25 | normal |
| Feb 13, 2020 | Feb 28, 2020 | Dec 11, 2019 | $0.25 | normal |
| Nov 14, 2019 | Nov 29, 2019 | Oct 16, 2019 | $0.25 | normal |
| Aug 15, 2019 | Aug 30, 2019 | Jun 12, 2019 | $0.25 | normal |
| May 16, 2019 | May 31, 2019 | Mar 12, 2019 | $0.24 | normal |
| Feb 14, 2019 | Mar 1, 2019 | Dec 11, 2018 | $0.24 | normal |
| Nov 15, 2018 | Nov 30, 2018 | Oct 17, 2018 | $0.24 | normal |
| Aug 16, 2018 | Aug 31, 2018 | Jun 21, 2018 | $0.24 | normal |
| May 17, 2018 | Jun 1, 2018 | Mar 21, 2018 | $0.23 | normal |
| Feb 15, 2018 | Mar 2, 2018 | Dec 13, 2017 | $0.23 | normal |
| Nov 16, 2017 | Dec 1, 2017 | Oct 18, 2017 | $0.23 | normal |
| Aug 16, 2017 | Sep 1, 2017 | Jun 14, 2017 | $0.23 | normal |
| May 17, 2017 | Jun 2, 2017 | Mar 16, 2017 | $0.22 | normal |
| Feb 15, 2017 | Mar 3, 2017 | Dec 13, 2016 | $0.22 | normal |
| Nov 16, 2016 | Dec 2, 2016 | Oct 13, 2016 | $0.22 | normal |
| Aug 17, 2016 | Sep 2, 2016 | Jun 9, 2016 | $0.22 | normal |
Oil-Dri Corp of America's payout ratio of 17.6% is below the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 32.7%, Oil-Dri Corp of America's payout ratio is 46% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CLX Clorox Co | 3.25% | $4.8 | 750% |
| ODC Oil-Dri Corp of America | 1.69% | $1.15 | 17.6% |
| BRC Brady Corp | 1.56% | $0.94 | 24.3% |
Yes, Oil-Dri Corp of America has paid four dividends in the last twelve months. ODC has been paying dividends since 1995.
ODC's next dividend is scheduled on May 9, 2024 (ex-date).
Oil-Dri Corp of America's last dividend ex-date was on Feb 22, 2024. The dividend amount was $0.29 per share.
ODC has paid dividend of $1.15 per share in the last year.
Currently Oil-Dri Corp of America's dividend yield is 1.66%.
Oil-Dri Corp of America has a quarterly dividend frequency.
Oil-Dri Corp of America's dividend payout ratio is 17.6%.
Oil-Dri Corp of America's dividend yield is less than the Basic Materials sector average.