Oil-Dri of America (ODC) Dividend
23 yrs growthOil-Dri Corporation of America · Basic Materials · Specialty Chemicals · quarterly payer
As of Nov 5, 2026, Oil-Dri of America (ODC) pays a quarterly dividend of $0.2250 per share, or $0.90 a year, a 1.27% yield at its $69.96 share price. The next ex-dividend date is Nov 6, 2026, paid Nov 20, 2026. It has raised its dividend 23 years in a row and has a dividend safety grade of A.
Forward Yield
1.27%
Annual Dividend
$0.90
Payout Ratio
25%
5-Yr Growth
5.6%
Ex-Date
Nov 6, 2026
Frequency
Quarterly
Key facts about ODC's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Oil-Dri Corporation of America (ODC) has a forward dividend yield of 1.27%, based on an annual dividend of $0.90 per share and a share price of $69.96.
- As of Nov 5, 2026, ODC's dividend safety grade from SmarterDividends is A (97 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Oil-Dri Corporation of America (ODC) has raised its dividend for 23 consecutive years as of Nov 5, 2026.
- ODC has never cut its regular dividend in the payment history SmarterDividends has on record.
- ODC's next ex-dividend date is Nov 6, 2026, with payment on Nov 20, 2026. Shares must be owned before that date to receive the dividend.
- As of Nov 5, 2026, ODC pays out 25% of its trailing 12-month earnings as dividends (its payout ratio).
- ODC's dividend has grown at an average rate of 5.6% a year over the past five years.
- As of Nov 5, 2026, ODC's 1.27% yield is 47% below its five-year average yield of 2.40%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for ODC is $84.45 per share, 21% above the $69.96 share price, so ODC screens as undervalued.
- Oil-Dri Corporation of America (ODC) pays its dividend quarterly, 4 times a year.
- Oil-Dri Corporation of America (ODC) has raised its regular dividend 32 times and cut it 1 time across the 150 payments on record since 1986. Its most recent change was a 9.8% increase to $0.225 per share, going ex-dividend on Aug 7, 2026. The last cut went ex-dividend on Nov 17, 1988.
- Oil-Dri of America (ODC) has declared its first higher dividend of the year in June in 5 of the last 5 years; its most recent raise, 9.8%, was declared on Jun 3, 2026.
Cite this page
SmarterDividends, "ODC Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/ODC
Is ODC a good dividend stock?
YesOil-Dri Corporation of America (ODC) pays a quarterly dividend yielding 1.27% ($0.90/yr), with 23 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 23 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (25%)
- Strong 5.6% 5-yr dividend growth
- 329% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.27%
- Payout Ratio
- 25%
- Annual Dividend
- $0.90
- 5-Yr Avg Growth
- 5.6%
- Ex-Dividend Date
- Nov 6, 2026
- Years of Growth
- 23
- Frequency
- quarterly
- Beta
- 0.83
- Market Cap
- $1.0B
- P/E Ratio
- 17.8
- 5-Yr Total Return
- 329%
- 52-Week Range
- $45.61 – $107.00
- Dividend Safety
- A · 97/100
- Ever Cut?
- No
ODC dividend raises and cuts
Oil-Dri Corporation of America (ODC) has raised its regular dividend 32 times and cut it 1 time across the 150 payments on record since 1986. Its most recent change was a 9.8% increase to $0.225 per share, going ex-dividend on Aug 7, 2026. The last cut went ex-dividend on Nov 17, 1988.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Aug 7, 2026 | Raise | $0.205 → $0.225 | +9.8% |
| Feb 20, 2026 | Raise | $0.180 → $0.205 | +13.9% |
| Aug 8, 2025 | Raise | $0.155 → $0.180 | +16.1% |
| Aug 9, 2024 | Raise | $0.145 → $0.155 | +6.9% |
| Aug 10, 2023 | Raise | $0.140 → $0.145 | +3.6% |
| Aug 11, 2022 | Raise | $0.135 → $0.140 | +3.7% |
| Aug 12, 2021 | Raise | $0.130 → $0.135 | +3.8% |
| Aug 13, 2020 | Raise | $0.125 → $0.130 | +4.0% |
| Aug 15, 2019 | Raise | $0.120 → $0.125 | +4.2% |
| Aug 16, 2018 | Raise | $0.115 → $0.120 | +4.3% |
| Aug 16, 2017 | Raise | $0.110 → $0.115 | +4.5% |
| Aug 17, 2016 | Raise | $0.105 → $0.110 | +4.8% |
Show all 33 changes since 1987
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Aug 19, 2015 | Raise | $0.100 → $0.105 | +5.0% |
| Aug 13, 2014 | Raise | $0.0950 → $0.100 | +5.3% |
| Aug 14, 2013 | Raise | $0.0900 → $0.0950 | +5.6% |
| Aug 15, 2012 | Raise | $0.0850 → $0.0900 | +5.9% |
| Aug 17, 2011 | Raise | $0.0800 → $0.0850 | +6.3% |
| Aug 18, 2010 | Raise | $0.0750 → $0.0800 | +6.7% |
| Aug 19, 2009 | Raise | $0.0700 → $0.0750 | +7.1% |
| Aug 20, 2008 | Raise | $0.0650 → $0.0700 | +7.7% |
| Aug 22, 2007 | Raise | $0.0600 → $0.0650 | +8.3% |
| Aug 2, 2006 | Raise | $0.0480 → $0.0600 | +25.0% |
| Nov 8, 2005 | Raise | $0.0440 → $0.0480 | +9.1% |
| Nov 9, 2004 | Raise | $0.0400 → $0.0440 | +10.0% |
| Nov 12, 2003 | Raise | $0.0360 → $0.0400 | +11.1% |
| Feb 10, 1999 | Raise | $0.0320 → $0.0360 | +12.5% |
| Nov 14, 1994 | Raise | $0.0280 → $0.0320 | +14.3% |
| May 17, 1993 | Raise | $0.0240 → $0.0280 | +16.7% |
| May 16, 1991 | Raise | $0.0200 → $0.0240 | +20.0% |
| May 16, 1990 | Raise | $0.0160 → $0.0200 | +25.0% |
| Nov 17, 1988 | Cut | $0.0320 → $0.0160 | −50.0% |
| Jun 20, 1988 | Raise | $0.0288 → $0.0320 | +11.1% |
| Dec 24, 1987 | Raise | $0.0216 → $0.0288 | +33.3% |
Frequently Asked Questions
Is ODC a good dividend stock?
Yes. Oil-Dri Corporation of America (ODC) pays a quarterly dividend yielding 1.27% ($0.90/yr), with 23 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is ODC undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ODC's fair value is about $84.45 versus a $69.96 share price — so it looks undervalued (+21% vs. fair value).
Is ODC's dividend safe?
ODC has a dividend-safety grade of A (97/100), based on its payout coverage, free-cash-flow, 23-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is ODC's fair value?
Our blended fair-value estimate for ODC is about $84.45 per share, roughly 21% above the current $69.96 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is ODC a buy, hold, or sell?
We don't issue formal ratings, but on the data ODC screens as "yes" and undervalued. Oil-Dri Corporation of America (ODC) pays a quarterly dividend yielding 1.27% ($0.90/yr), with 23 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will ODC cut its dividend?
ODC earns a dividend-safety grade of A (97/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does ODC pay a dividend?
Yes. Oil-Dri Corporation of America pays a quarterly dividend of about $0.90 per share annually, a forward yield of roughly 1.27%.
How much dividend does 100 shares of ODC pay?
At $0.90 per share a year, 100 shares of ODC pay $90.00 a year in dividends before tax, about $22.50 each quarter. Buying them costs about $6,996 at the Nov 5, 2026 price.
What is ODC's dividend yield?
As of Nov 5, 2026, ODC's forward dividend yield is 1.27%, based on a $0.90 annual dividend and a $69.96 share price.
What is ODC's dividend per share?
As of Nov 5, 2026, ODC pays $0.90 per share per year, distributed on a quarterly basis.
What is ODC's dividend payout ratio?
As of Nov 5, 2026, ODC's payout ratio is 25% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has ODC grown its dividend?
As of Nov 5, 2026, ODC has increased its dividend for 23 consecutive years.
When is the next ODC ex-dividend date?
As of Nov 5, 2026, the next ex-dividend date on record for ODC is Nov 6, 2026.
ODC Price — Last 12 Months
Daily close
Price Return
1 Year
+31%
3 Years
+152%
5 Years
+329%
52-Week Range
$45.61 – $107.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ODC worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Oil-Dri Corporation of America is $84.45 per share, versus a market price of $69.96. That implies 21% of upside — a margin of safety of about 17%.
Fair Value
$84.45
Current Price
$69.96
Upside
+21%
Margin of Safety
17%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 1.7% annual free-cash-flow growth. We model 10.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.1% discount rate (CAPM), 10.0% growth for five years fading to 2.5% over the next five, $3.92 EPS, $0.90 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ODC Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full ODC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 7, 2026 | Aug 21, 2026 | $0.2250 | regular |
| May 8, 2026 | May 22, 2026 | $0.2050 | regular |
| Feb 20, 2026 | Mar 6, 2026 | $0.2050 | regular |
| Nov 7, 2025 | Nov 21, 2025 | $0.1800 | regular |
| Aug 8, 2025 | Aug 22, 2025 | $0.1800 | regular |
| May 9, 2025 | May 23, 2025 | $0.1550 | regular |
| Feb 21, 2025 | Mar 7, 2025 | $0.1550 | regular |
| Nov 8, 2024 | Nov 22, 2024 | $0.1550 | regular |
| Aug 9, 2024 | Aug 23, 2024 | $0.1550 | regular |
| May 9, 2024 | May 24, 2024 | $0.1450 | regular |
| Feb 22, 2024 | Mar 8, 2024 | $0.1450 | regular |
| Nov 9, 2023 | Nov 24, 2023 | $0.1450 | regular |
| Aug 10, 2023 | Aug 25, 2023 | $0.1450 | regular |
| May 11, 2023 | May 26, 2023 | $0.1400 | regular |
Income Calculator
At $0.90 / yr per share
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