Oil-Dri reports record annual net income, declares quarterly dividends and two-for-one stock split

Oil-Dri Corp of America

Record annual net income of $39.4 million and diluted EPS of $5.43 for fiscal year 2024, up 33% and 31% respectively
Quarterly cash dividends declared: $0.31 per common share and $0.233 per Class B share, payable Nov 22, 2024
Board approved two-for-one stock split, subject to shareholder approval at annual meeting on Dec 11, 2024
Post-split trading expected to begin Jan 6, 2025 under ticker ODC; record date Dec 20, 2024
Fourth quarter net sales $113.7 million, up 6%; B2B and Retail segments both grew 6% for the full year

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