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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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| Date of Report (Date of earliest event reported) | June 5, 2024 |
OIL-DRI CORPORATION OF AMERICA
(Exact name of the registrant as specified in its charter)
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Delaware | | 001-12622 | | 36-2048898 |
| (State or other jurisdiction of incorporation or organization) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
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410 North Michigan Avenue, Suite 400 | | | | |
Chicago, Illinois | | | | 60611-4213 |
| (Address of principal executive offices) | | | | (Zip Code) |
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The registrant's telephone number, including area code: (312) 321-1515 |
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| (Former name or former address, if changed since last report.) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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| | ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| | ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| | ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| | ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, par value $0.10 per share | ODC | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
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| | Item 2.02 | Results of Operations and Financial Condition. |
On June 6, 2024, Oil-Dri Corporation of America (the “Company”) issued a press release announcing its results of operations for its third quarter ended April 30, 2024. A copy of the press release is attached as Exhibit 99.1, and the information contained therein is incorporated herein by reference.
The information in this Item 2.02, including Exhibit 99.1 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. This information shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference to such disclosure in this Form 8-K in such a filing.
At its regular meeting on June 5, 2024, the Board of Directors of the Company declared quarterly cash dividends of $0.31 per share of the Company’s Common Stock and $0.233 per share of the Company’s Class B Stock. The dividends will be payable on August 23, 2024 to stockholders of record at the close of business on August 9, 2024. A copy of the press release is attached as Exhibit 99.2, and the information contained therein is incorporated herein by reference.
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| | Item 9.01 | Financial Statements and Exhibits. |
(d)Exhibits
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| Exhibit | | |
| Number | | Description of Exhibits |
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| 99.1 | | | |
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| 99.2 | | | |
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| 104 | | | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the iXBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | OIL-DRI CORPORATION OF AMERICA |
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| | By: | /s/ Laura G. Scheland | |
| | | Laura G. Scheland |
| | | Vice President, Strategic Partnerships and General Counsel & Secretary |
Date: June 6, 2024