Oil-Dri Corporation of America announced that effective June 12, 2019, John Steven Cole, President, Cole & Associates will retire from the company's Board of Directors. Paul M. Hindsley, Managing Director and Partner, William Blair & Company, has been appointed to replace Mr. Cole on its Board and Audit Committee. Paul M. Hindsley is currently Managing Director and Partner, Investment Banking at William Blair & Company where he specializes in merger & acquisitions and equity & debt transactions.

In addition to the board member changes, the Board of Directors declared quarterly cash dividends of $0.25 per share of the Company's Common Stock and $0.1875 per share of the Company's Class B Stock, an approximate 4% increase for both classes of stock. The dividends declared will be payable on August 30, 2019 to stockholders of record at the close of business on August 16, 2019.