Oil-Dri Corporation Of America (ODC) Dividends

ODC Price Forecast Based on Dividend Discount Model

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of ODC, the DDM model, as implemented by StockNews, implies a positive return of 43.69% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Oil-Dri Corp of America are:

• In comparison to other US listed dividend yielding stocks in the Basic Materials sector, the expected return of 43.69%, based on the stock's current share price and target price based on a dividend discount model, is greater than 90.55% of the DDM-forecasted return of its its sector peers.
• Compared to all dividend issuing stocks in our set, ODC has a discount rate lower than 90.55% of them (a lower discount rate is associated with lower risk).
• Beta tells us how volatile a stock's price is relative to the broader equity index; as for ODC, approximately 86.05% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
• As other dividend issuers in the Basic Materials sector, ODC's equity discount rate is less than 92.13% of those stocks.

ODC Dividends vs. Peers