Dividend Overview for Oil-Dri: Key Insights before Ex-Dividend Date Aug 8, 2025

Oil-Dri Corporation has announced a forthcoming dividend of $0.180 per share, scheduled for distribution on Aug 22, 2025. The ex-dividend date is set for Aug 8, 2025, which marks the final opportunity for investors to purchase shares and qualify for this dividend payout. This announcement, made on Jun 4, 2025, indicates a rise in dividend distribution compared to the average of the past ten dividends per share, which stands at approximately $0.136. The previous dividend, distributed on May 23, 2025, was $0.155 per share. Both dividends are classified as cash dividends.

Recently, Oil-Dri Corporation of America has caught the attention of investors and analysts due to several significant developments. As of late, the company has demonstrated robust earnings growth, averaging an annual increase of 31% over the past five years. This remarkable performance has sparked interest in the stock, with its trailing 12-month revenue reaching $474.1 million and a profit margin of 10.4%. Furthermore, Oil-Dri's return on capital employed (ROCE) has shown impressive improvement, climbing from 0.21 to 21% over the last five years.

Over the past week, there have been discussions surrounding Oil-Dri's debt management strategies. The company holds a modest net debt of approximately $4.33 million, with its cash and receivables largely offsetting liabilities. Analysts have indicated that Oil-Dri's debt to EBITDA ratio is a mere 0.049, and its EBIT covers interest expenses 31 times over, suggesting the debt load is manageable. Additionally, Oil-Dri has exhibited a consistent ability to generate free cash flow, accounting for 54% of its EBIT over the most recent three years, which positions the company favorably to address debt obligations when necessary.

In conclusion, Oil-Dri Corporation of America presents a compelling case for investors, with its strong financial performance and strategic debt management. The ex-dividend date of Aug 8, 2025, is critical for investors aiming to benefit from the upcoming dividend. Purchases made after this date will not qualify for the dividend distribution, making timely investment crucial for interested parties.