Media headlines about Oil-Dri Corporation Of America (NYSE:ODC) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Oil-Dri Corporation Of America earned a news sentiment score of 0.03 on Accern’s scale. Accern also gave news headlines about the specialty chemicals company an impact score of 45.5252739137194 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Oil-Dri Corporation Of America (NYSE:ODC) traded up $0.65 during midday trading on Friday, hitting $43.66. 6,532 shares of the stock were exchanged, compared to its average volume of 9,745. Oil-Dri Corporation Of America has a one year low of $31.35 and a one year high of $50.82. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.26 and a current ratio of 2.94. The firm has a market cap of $318.50, a P/E ratio of 29.50 and a beta of 1.07.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 17th will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend is Thursday, November 16th. Oil-Dri Corporation Of America’s dividend payout ratio is currently 62.16%.
Separately, BidaskClub downgraded shares of Oil-Dri Corporation Of America from a “buy” rating to a “hold” rating in a research note on Monday, July 24th.
In related news, insider Daniel S. Jaffee sold 6,390 shares of the stock in a transaction that occurred on Friday, October 13th. The shares were sold at an average price of $41.10, for a total transaction of $262,629.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Allan H. Selig bought 1,500 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The shares were acquired at an average cost of $42.16 per share, with a total value of $63,240.00. The disclosure for this purchase can be found here. Corporate insiders own 13.86% of the company’s stock.
About Oil-Dri Corporation Of America
Oil-Dri Corporation of America is engaged in developing, manufacturing and/or marketing sorbent products. The Company operates through two segments: Retail and Wholesale Products Group, and Business to Business Products Group. The Retail and Wholesale Products Group’s customers include mass merchandisers, wholesale clubs, drugstore chains, dollar stores, distributors of industrial cleanup and automotive products, environmental service companies and sports field product users.
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