×
S&P 500   3,911.74 (+3.06%)
DOW   31,500.68 (+2.68%)
QQQ   294.61 (+3.43%)
AAPL   141.66 (+2.45%)
MSFT   267.70 (+3.41%)
META   170.16 (+7.19%)
GOOGL   2,359.50 (+5.11%)
AMZN   116.46 (+3.58%)
TSLA   737.12 (+4.52%)
NVDA   171.26 (+5.55%)
NIO   24.08 (+4.47%)
BABA   117.62 (+4.91%)
AMD   87.08 (+5.64%)
MU   58.44 (+3.95%)
CGC   3.77 (+4.72%)
T   20.99 (+1.84%)
GE   67.08 (+4.70%)
F   12.01 (+3.89%)
DIS   97.78 (+3.69%)
AMC   12.47 (+3.49%)
PFE   51.59 (+2.99%)
PYPL   77.68 (+5.24%)
NFLX   190.85 (+5.03%)
S&P 500   3,911.74 (+3.06%)
DOW   31,500.68 (+2.68%)
QQQ   294.61 (+3.43%)
AAPL   141.66 (+2.45%)
MSFT   267.70 (+3.41%)
META   170.16 (+7.19%)
GOOGL   2,359.50 (+5.11%)
AMZN   116.46 (+3.58%)
TSLA   737.12 (+4.52%)
NVDA   171.26 (+5.55%)
NIO   24.08 (+4.47%)
BABA   117.62 (+4.91%)
AMD   87.08 (+5.64%)
MU   58.44 (+3.95%)
CGC   3.77 (+4.72%)
T   20.99 (+1.84%)
GE   67.08 (+4.70%)
F   12.01 (+3.89%)
DIS   97.78 (+3.69%)
AMC   12.47 (+3.49%)
PFE   51.59 (+2.99%)
PYPL   77.68 (+5.24%)
NFLX   190.85 (+5.03%)
S&P 500   3,911.74 (+3.06%)
DOW   31,500.68 (+2.68%)
QQQ   294.61 (+3.43%)
AAPL   141.66 (+2.45%)
MSFT   267.70 (+3.41%)
META   170.16 (+7.19%)
GOOGL   2,359.50 (+5.11%)
AMZN   116.46 (+3.58%)
TSLA   737.12 (+4.52%)
NVDA   171.26 (+5.55%)
NIO   24.08 (+4.47%)
BABA   117.62 (+4.91%)
AMD   87.08 (+5.64%)
MU   58.44 (+3.95%)
CGC   3.77 (+4.72%)
T   20.99 (+1.84%)
GE   67.08 (+4.70%)
F   12.01 (+3.89%)
DIS   97.78 (+3.69%)
AMC   12.47 (+3.49%)
PFE   51.59 (+2.99%)
PYPL   77.68 (+5.24%)
NFLX   190.85 (+5.03%)
S&P 500   3,911.74 (+3.06%)
DOW   31,500.68 (+2.68%)
QQQ   294.61 (+3.43%)
AAPL   141.66 (+2.45%)
MSFT   267.70 (+3.41%)
META   170.16 (+7.19%)
GOOGL   2,359.50 (+5.11%)
AMZN   116.46 (+3.58%)
TSLA   737.12 (+4.52%)
NVDA   171.26 (+5.55%)
NIO   24.08 (+4.47%)
BABA   117.62 (+4.91%)
AMD   87.08 (+5.64%)
MU   58.44 (+3.95%)
CGC   3.77 (+4.72%)
T   20.99 (+1.84%)
GE   67.08 (+4.70%)
F   12.01 (+3.89%)
DIS   97.78 (+3.69%)
AMC   12.47 (+3.49%)
PFE   51.59 (+2.99%)
PYPL   77.68 (+5.24%)
NFLX   190.85 (+5.03%)

WD-40 (NASDAQ:WDFC) Plans Quarterly Dividend of $0.78

Thursday, June 23, 2022 | MarketBeat

WD-40 (NASDAQ:WDFC - Get Rating) declared a quarterly dividend on Tuesday, June 21st, Zacks reports. Stockholders of record on Friday, July 15th will be given a dividend of 0.78 per share by the specialty chemicals company on Friday, July 29th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date is Thursday, July 14th.

WD-40 has increased its dividend by an average of 9.7% per year over the last three years and has raised its dividend annually for the last 13 consecutive years. WD-40 has a payout ratio of 52.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect WD-40 to earn $6.00 per share next year, which means the company should continue to be able to cover its $3.12 annual dividend with an expected future payout ratio of 52.0%.

Shares of WDFC stock opened at $192.97 on Thursday. WD-40 has a 1 year low of $170.01 and a 1 year high of $279.98. The firm's fifty day simple moving average is $185.31 and its 200 day simple moving average is $206.01. The firm has a market capitalization of $2.64 billion, a P/E ratio of 39.54 and a beta of -0.15. The company has a current ratio of 2.81, a quick ratio of 1.91 and a debt-to-equity ratio of 0.57.

WD-40 (NASDAQ:WDFC - Get Rating) last posted its quarterly earnings results on Thursday, April 7th. The specialty chemicals company reported $1.41 earnings per share for the quarter, topping analysts' consensus estimates of $1.02 by $0.39. WD-40 had a net margin of 13.07% and a return on equity of 33.73%. The firm had revenue of $130.00 million for the quarter, compared to the consensus estimate of $126.80 million. During the same quarter in the previous year, the company earned $1.24 earnings per share. The business's revenue was up 16.2% compared to the same quarter last year. Equities research analysts anticipate that WD-40 will post 5.18 EPS for the current fiscal year.


Several research analysts recently issued reports on the stock. StockNews.com assumed coverage on shares of WD-40 in a research report on Thursday, March 31st. They set a "hold" rating on the stock. DA Davidson raised WD-40 from an "underperform" rating to a "neutral" rating in a report on Friday, April 8th.

Large investors have recently made changes to their positions in the business. Citigroup Inc. increased its stake in shares of WD-40 by 5.3% in the 1st quarter. Citigroup Inc. now owns 13,825 shares of the specialty chemicals company's stock valued at $2,533,000 after acquiring an additional 690 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of WD-40 by 13.9% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,800 shares of the specialty chemicals company's stock valued at $2,162,000 after purchasing an additional 1,439 shares during the period. Aviva PLC grew its position in shares of WD-40 by 3.8% in the 1st quarter. Aviva PLC now owns 11,294 shares of the specialty chemicals company's stock valued at $2,069,000 after purchasing an additional 410 shares during the period. First Republic Investment Management Inc. grew its position in shares of WD-40 by 8.8% in the 1st quarter. First Republic Investment Management Inc. now owns 10,043 shares of the specialty chemicals company's stock valued at $1,840,000 after purchasing an additional 814 shares during the period. Finally, Dynamic Technology Lab Private Ltd grew its position in shares of WD-40 by 310.2% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 7,630 shares of the specialty chemicals company's stock valued at $1,398,000 after purchasing an additional 5,770 shares during the period. 90.78% of the stock is owned by hedge funds and other institutional investors.

WD-40 Company Profile (Get Rating)

WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides multi-purpose maintenance products that include aerosol sprays, non-aerosol trigger sprays, and in liquid-bulk form products under the WD-40 Multi-Use brand name; and specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand, as well as various products under the WD-40 Bike brand name.

Further Reading

Dividend History for WD-40 (NASDAQ:WDFC)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $1,000 in WD-40 right now?

Before you consider WD-40, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WD-40 wasn't on the list.

While WD-40 currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here

Free Email Newsletter

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:


Most Read This Week

Recent Articles

Search Headlines:

Latest PodcastHow To Navigate The Market Downturn Like A Pro

In this episode, Kate sits down with Kyrill Astur, CEO of portfolio management firm Centerfin. Kyrill brings a background from Wall Street and hedge funds to his current role helping individual investors navigate the market challenges while investing for their future.

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.