Oil-Dri Appointed New Officer and Declared Dividends
The Chicago-based company named Anthony W. Parker as an executive officer while announcing its latest dividend payouts.
Updated on Oct. 7, 2026 in Public Companies
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Oil-Dri Corporation has appointed Anthony W. Parker as an executive officer. Additionally, the company board declared quarterly cash dividends for its common and Class B stock holders.
Why it matters
The board actions reflect a continued focus on leadership stability and returning value to shareholders through a long-standing dividend program. Oil-Dri has maintained its payout streak for more than five decades.
The board declared a dividend of $0.225 per common share and $0.168 per Class B share. The company has increased its dividend payout for 23 consecutive years.
The players
Anthony W. Parker
He is the newly appointed executive officer who also serves as Vice President, General Counsel and Secretary at the company.
Oil-Dri Corporation
Headquartered in Chicago, this entity is a publicly traded firm known for producing sorbent products.
The details
Anthony W. Parker, who currently serves as Vice President, General Counsel and Secretary, has been elevated to the role of executive officer. The newly declared dividends are scheduled for distribution to stockholders of record by November 6, 2026.
Timeline
Oil-Dri has paid cash dividends annually since 1974.
Anthony W. Parker joined the firm in June 2018.
Parker was promoted to Vice President, Legal in November 2023.
The record date for stockholders is November 6, 2026.
Cash dividends are payable to stockholders on November 20, 2026.
Market Landscape
Oil-Dri's 23-year streak of dividend increases aligns with the capital allocation strategies of major blue-chip corporations. This consistent payout policy positions the company as a stable performer within the broader industrial materials market.
Shareholders of record as of November 6, 2026, will receive the declared cash payments on November 20, 2026. This dividend payout directly impacts the quarterly income for investors holding Oil-Dri common or Class B stock.
The takeaway
The promotion of Anthony W. Parker indicates a solidification of the current internal legal leadership team. Investors may view the sustained dividend increases as a signal of continued fiscal discipline by the board.
What happens next
The company will issue a press release for its fiscal year 2026 fourth quarter performance on October 8, 2026, and host a live webcast discussion on October 9, 2026.
Further reading
For more information on the latest corporate governance and financial updates, visit Public Companies.
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