E Daily Stock Tip: Oil-Dri Corp Of America

I'm now looking for a third consumer defensive sector representative for my new Ivy portfolio.

That defensive sector includes thirteen industries all related to providing convenient packaged goods we've just gotta have. Industries like: beverages, brewed, soft, or distilled; confections; discount stores; education & training; farm products; food distribution; grocery stores; household & personal products; packaged goods; pharmaceutical retailers; tobacco.

Today I'm reviewing a small-cap household & personal products maker, named Oil-Dri Corp of America. It's trading ticker symbol is ODC .

Oil-Dri Corp of America develops, manufactures, and markets sorbent products made primarily from clay. Its absorbent offerings, which draw liquid up, include cat litter, floor products, toxin control substances for livestock, and agricultural chemical carriers.

The company has two segments based on the different characteristics of two primary customer groups namely Retail and Wholesale Products Group and Business to Business Products Group.

The company generates maximum revenue from Business to Business Products segments. The company's products are sold under various brands such as Cat's Pride, Jonny Cat, Amlan, Agsorb, Verge, Pure-Flo, and Ultra-Clear.

Its customers include mass merchandisers, wholesale clubs, drugstore chains, pet specialty retail outlets, dollar stores, retail grocery stores, distributors of industrial cleanup and automotive products, environmental service companies, and sports field product users; processors and refiners of edible oils, petroleum-based oils, and biodiesel fuel; manufacturers of animal feed and agricultural chemicals; distributors of animal health and nutrition products; and marketers of consumer products.

Oil-Dri Corporation of America was founded in 1941 and is based in Chicago, Illinois.

I use three key data points to gauge the value of any dividend equity like Oil-Dri Corporation of America:

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Disclosure: This article was compiled by Rydlun & Co., LLC from data derived from ycharts.com; finance.yahoo.com; analyst target prices by Thomson/First Call in Yahoo Finance.


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