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Oil-Dri Corporation of America (NYSE:ODC): The Best Of Both Worlds

Simply Wall St

Attractive stocks have exceptional fundamentals. In the case of Oil-Dri Corporation of America (NYSE:ODC), there's is a highly-regarded dividend-paying company that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my broad commentary, read the full report on Oil-Dri Corporation of America here.

Flawless balance sheet average dividend payer

ODC's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This suggests prudent control over cash and cost by management, which is a key determinant of the company’s health. ODC's has produced operating cash levels of 3.78x total debt over the past year, which implies that ODC's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.

NYSE:ODC Historical Debt, October 3rd 2019

For those seeking income streams from their portfolio, ODC is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 3.0%.

NYSE:ODC Historical Dividend Yield, October 3rd 2019

Next Steps:

For Oil-Dri Corporation of America, I've compiled three fundamental factors you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for ODC’s future growth? Take a look at our free research report of analyst consensus for ODC’s outlook.
  2. Historical Performance: What has ODC's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of ODC? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.