Oil-Dri Corp of America 8-K
Research Summary
AI-generated summary
Oil-Dri Corp of America Declares Quarterly Cash Dividends ($0.205/$0.153)
What Happened
Oil-Dri Corp of America (ODC) announced on March 12, 2026 (8-K filed) that its Board of Directors, at the regular meeting on March 11, 2026, declared quarterly cash dividends of $0.205 per share of Common Stock and $0.153 per share of Class B Stock. The dividends are payable May 22, 2026 to shareholders of record at the close of business on May 8, 2026.
Key Details
- Dividend amounts: $0.205 per Common share; $0.153 per Class B share.
- Record date: May 8, 2026. Payment date: May 22, 2026.
- Declaration made by the Board at its March 11, 2026 meeting and announced via press release on March 12, 2026.
Why It Matters
This is a board-declared quarterly cash distribution—important for income-focused shareholders and anyone tracking ODC’s cash returns. To receive the payout, investors must be recorded as shareholders by the close of business on May 8, 2026. The filing confirms the company’s intent to return cash to shareholders for this quarter.
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