Oil-Dri Corporation Of America (NYSE:ODC) Raises Dividend to $0.21 Per Share

Oil-Dri Corporation Of America (NYSE:ODC - Get Free Report) announced a quarterly dividend on Wednesday, December 10th. Investors of record on Friday, February 20th will be paid a dividend of 0.205 per share by the specialty chemicals company on Friday, March 6th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, February 20th. This is a 13.9% increase from Oil-Dri Corporation Of America's previous quarterly dividend of $0.18.Microcap Oil-Dri Corporation Is A Buy For Income InvestorsOil-Dri Corporation Of America has increased its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 11 years. Oil-Dri Corporation Of America Trading Up 6.9%NYSE ODC traded up $3.31 on Thursday, reaching $50.98. The company had a trading volume of 19,998 shares, compared to its average volume of 54,281. The stock's 50 day moving average is $56.73 and its 200-day moving average is $58.24. The stock has a market cap of $746.27 million, a price-to-earnings ratio of 13.99 and a beta of 0.75. The company has a quick ratio of 1.82, a current ratio of 3.34 and a debt-to-equity ratio of 0.15. Oil-Dri Corporation Of America has a 52 week low of $40.66 and a 52 week high of $69.75. Pay Attention To Microcap Oil-Dri Corporation Oil-Dri Corporation Of America (NYSE:ODC - Get Free Report) last issued its earnings results on Monday, December 8th. The specialty chemicals company reported $1.06 earnings per share (EPS) for the quarter. Oil-Dri Corporation Of America had a return on equity of 21.06% and a net margin of 11.10%.The firm had revenue of $120.49 million for the quarter. During the same quarter last year, the business posted $2.25 EPS. About Oil-Dri Corporation Of America (Get Free Report)Oil-Dri Corporation of America is a manufacturer and supplier of specialty sorbent products for the pet care, animal health and nutrition, fluids purification, agricultural ingredients, sports field, industrial and automotive markets. It operates through the Business to Business Products Group and Retail and Wholesale Products Group segments.Featured ArticlesFive stocks we like better than Oil-Dri Corporation Of AmericaWhat is a Microcap Stock? Everything You Need to Know Tesla Bulls See $500 Ahead—But Bears Warn of a Painful ReversalHow Investors Can Find the Best Cheap Dividend StocksMissed NVIDIA? Braze Might Be the Next AI Stock BreakoutIndustrial Products Stocks Investing Walmart’s NASDAQ Switch Could Change Everything for WMT StockCan High Yield Oil-Dri Shake Off Its Inflation Woes?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Oil-Dri Corporation Of America Right Now?Before you consider Oil-Dri Corporation Of America, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oil-Dri Corporation Of America wasn't on the list.While Oil-Dri Corporation Of America currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here