Looking at the universe of stocks we cover at Dividend Channel, on 8/14/13, Oil-Dri Corp. of America (ODC) will trade ex-dividend, for its quarterly dividend of $0.19, payable on 8/30/13. As a percentage of ODC's recent stock price of $31.71, this dividend works out to approximately 0.60%, so look for shares of Oil-Dri Corp. of America to trade 0.60% lower — all else being equal — when ODC shares open for trading on 8/14/13.
Below is a dividend history chart for ODC, showing historical dividends prior to the most recent $0.19 declared by Oil-Dri Corp. of America:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ODC is likely to continue, and whether the current estimated yield of 2.40% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ODC shares, versus its 200 day moving average:Looking at the chart above, ODC's low point in its 52 week range is $20.82 per share, with $32.40 as the 52 week high point — that compares with a last trade of $31.49.
In Monday trading, Oil-Dri Corp. of America shares are currently down about 0.1% on the day.