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

CHICAGO, Dec. 10, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Oil-Dri Corporation of America (NYSE:ODC) today declared a two and a half-cent increase in the Company's quarterly cash dividend per share of Common Stock, representing a 14% gain over the previous quarter. This marks the second time in calendar year 2025 that the Company raised the dividend. The approved dividends will be $0.205 per share of the Company's Common Stock and $0.153 per share of the Company's Class B Stock.

"This dividend increase demonstrates our solid financial foundation, strong cash position, and confidence in the Company's long-term outlook," said Daniel S. Jaffee, President and Chief Executive Officer of Oil-Dri. "This decision further emphasizes our dedication to delivering sustained, meaningful value to our stockholders."

The cash dividends will be payable on March 6, 2026 to stockholders of record at the close of business on February 20, 2026. Oil-Dri has paid cash dividends continuously each year since 1974 and has increased dividends annually for twenty-two consecutive years.

The Company's press release outlining its performance for the second quarter of fiscal year 2026 will be issued after the close of the U.S. stock market on Wednesday, March 11, 2026. Oil-Dri will host an earnings discussion via a live webcast on Thursday, March 12, 2026 at 10:00 a.m. Central Time. Participation details will be posted on the Company's website's Events page approximately one week prior to the call.

About Oil-Dri Corporation of America

Oil-Dri Corporation of America ("Oil-Dri") is a leading 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. Oil-Dri is vertically integrated which enables the Company to efficiently oversee every step of the process from research and development to supply chain to marketing and sales. With over 80 years of experience, the Company continues to fulfill its mission to Create Value from Sorbent Minerals. To learn more about the Company, please visit oildri.com.

Forward-Looking Statements

Certain statements in this press release may constitute forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Our forward-looking statements include, but are not limited to, statements regarding our or our management team's expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are based on management's current expectations, estimates, forecasts, assumptions and projections about future events, our future performance, the future of our business, our plans and strategies, projections, anticipated trends, the economy and other future developments and their potential effects on us. In addition, we, or others on our behalf, may make forward-looking statements in other press releases or written statements, or in our communications and discussions with investors and analysts in the normal course of business through meetings, webcasts, phone calls and conference calls. Forward-looking statements can be identified by words such as "expect," "outlook," "forecast," "would," "could," "should," "project," "intend," "plan," "continue," "believe," "seek," "estimate," "anticipate," "may," "assume," "potential," "strive," and variations of such words and similar references to future periods.

Such statements are subject to certain risks, uncertainties and assumptions that could cause actual results to differ materially from those anticipated, intended, expected, believed, estimated, projected, planned or otherwise expressed in any forward-looking statements, including, but not limited to, those described in our most recent Annual Report on Form 10-K and from time to time in our other filings with the Securities and Exchange Commission. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except to the extent required by law, we do not have any intention or obligation to update publicly any forward-looking statements after the distribution of this press release, whether as a result of new information, future events, changes in assumptions, or otherwise.

Contact:

Leslie A. Garber

Director of Investor Relations

Oil-Dri Corporation of America

[email protected]

(312) 321-1515