Oil-Dri Corp of America is engaged in developing, manufacturing and/or marketing sorbent products. Co.'s sorbent products are produced from hydrated aluminosilicate minerals, consisting of calcium bentonite, attapulgite and diatomaceous shale, which it refers to collectively as its clay, its minerals, or Fuller's Earth. Co. surfaces mine its clay on leased or owned land near its manufacturing facilities in Mississippi, Georgia, Illinois and California. Co. produces both absorbent and adsorbent products from its clay. Co. also sells nonclay-based products, such as its Oil-Dri synthetic sorbents used for automotive, industrial and marine cleanup as well as plastic cat litter box liners. 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 2022 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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