Oil-Dri's Board of Directors Declares a 14% Increase in Quarterly Dividends

Core Points - Oil-Dri Corporation of America announced a quarterly cash dividend increase of $0.025 per share, representing a 14% increase over the previous quarter [1] - This marks the second dividend increase in 2025, with the new dividends set at $0.205 for Common Stock and $0.153 for Class B Stock [1] - The cash dividends will be payable on March 6, 2026, to stockholders of record as of February 20, 2026 [2] - The company has consistently paid cash dividends since 1974 and has increased dividends annually for 22 consecutive years [2] Company Overview - Oil-Dri Corporation is a leading manufacturer and supplier of specialty sorbent products across various markets, including pet care, animal health, and industrial applications [4] - The company is vertically integrated, allowing it to manage all aspects of the process from research and development to marketing and sales [4] - With over 80 years of experience, Oil-Dri aims to create value from sorbent minerals [4] Upcoming Events - The company will release its performance report for the second quarter of fiscal year 2026 after the U.S. stock market closes on March 11, 2026 [3] - An earnings discussion will be held via a live webcast on March 12, 2026, at 10:00 a.m. Central Time [3]