ODC - Oil-Dri Is Mining Dividends Out Of 3 Megatrends

• Oil-Dri pays a 4.2% dividend yield and it has increased the dividend for 19 consecutive years. The earnings of the company are erratic but the dividend is well covered.
• Three megatreds support Oil-Dri's growth and the sales are growing in double-digit numbers. The potential of this small-cap stock is overlooked.
• Oil-Dri is a vertically integrated company, operations ranging from mining to consumer goods marketing. Its strong balance sheet has 8,000 acres of land assets at historic valuations.
• The recent price decline of the stock provides an opportunity for dividend investors to enjoy high starting yield supported by several tailwinds for sales growth and strong balance sheet to pass these turbulent times.

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