WD-40 Company (WDFC) To Go Ex-Dividend on July 17th

WD-40 Company (NASDAQ:WDFCGet Free Report) announced a quarterly dividend on Monday, June 15th. Stockholders of record on Friday, July 17th will be paid a dividend of 1.02 per share by the specialty chemicals company on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, July 17th.

WD-40 has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 17 consecutive years. WD-40 has a payout ratio of 68.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect WD-40 to earn $6.46 per share next year, which means the company should continue to be able to cover its $4.08 annual dividend with an expected future payout ratio of 63.2%.

WD-40 Stock Performance

NASDAQ WDFC opened at $249.12 on Wednesday. The firm’s 50 day simple moving average is $221.49 and its 200 day simple moving average is $220.06. The firm has a market capitalization of $3.34 billion, a price-to-earnings ratio of 37.86 and a beta of 0.26. The company has a current ratio of 2.65, a quick ratio of 1.95 and a debt-to-equity ratio of 0.31. WD-40 has a 1 year low of $175.38 and a 1 year high of $298.90.

WD-40 (NASDAQ:WDFCGet Free Report) last announced its quarterly earnings data on Thursday, July 9th. The specialty chemicals company reported $2.33 EPS for the quarter, beating the consensus estimate of $1.58 by $0.75. WD-40 had a net margin of 13.23% and a return on equity of 33.53%. The business had revenue of $195.12 million during the quarter, compared to the consensus estimate of $172.79 million. During the same period in the previous year, the business earned $1.54 earnings per share. The company’s revenue was up 24.3% on a year-over-year basis. WD-40 has set its FY 2026 guidance at 6.050-6.350 EPS. As a group, research analysts expect that WD-40 will post 6.11 earnings per share for the current fiscal year.

About WD-40

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WD-40 Company, headquartered in San Diego, California, is best known for its flagship WD-40® Multi-Use Product, a water-displacing spray used for lubrication, rust prevention and cleaning. Since its introduction in 1953 by the Rocket Chemical Company, the WD-40 brand has become a household and industrial staple. Over time, the company has broadened its portfolio to include complementary maintenance and cleaning brands such as 3-IN-ONE® oils, Lava® hand cleaners, Solvol® solvents, Spot Shot® stain removers and X-14® cleaning products.

WD-40 Company distributes its products in more than 176 countries through retail, industrial and automotive channels.

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Dividend History for WD-40 (NASDAQ:WDFC)

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