Oil-Dri Corp of America developes, manufactures and/or markets sorbent products. Co.'s sorbent products are produced from hydrated aluminosilicate minerals, consisting of calcium bentonite, attapulgite and diatomaceous shale, which refers as its clay or its minerals. Co. surfaces mine its clay on land near its manufacturing facilities. Co. produces both absorbent and adsorbent products from its clay. Co. sells nonclay-based products, such as its Oil-Dri synthetic sorbents. Co.'s products are agricultural and horticultural products, animal health and nutrition products, bleaching clay and purification aid products, cat litter products, industrial and automotive products, and sports products. The ODC stock yearly return is shown above.
The yearly return on the ODC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2016 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the ODC annual return calculation with any dividends reinvested as applicable (on ex-dates).
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