WD-40 Company declares quarterly dividend of $0.94 per share

Published 10/10/2025, 01:38
WD-40 Company declares quarterly dividend of $0.94 per share

SAN DIEGO - WD-40 Company (NASDAQ:WDFC) announced Thursday that its board of directors has declared a quarterly dividend of $0.94 per share, to be paid on October 31, 2025. According to InvestingPro data, the company has maintained dividend payments for 33 consecutive years and raised them for the past 9 years, with a current yield of 1.95%.

The dividend will be distributed to stockholders of record at the close of business on October 20, 2025, according to a press release issued by the company.

WD-40 Company, headquartered in San Diego, California, markets maintenance products and homecare cleaning products globally. The company’s product portfolio includes brands such as WD-40 Multi-Use Product, 3-IN-ONE, and Spot Shot.

The company reported net sales of $590.6 million in fiscal year 2024 and currently distributes its products in more than 176 countries and territories worldwide. With the stock currently trading near its 52-week low, detailed analysis and additional insights are available in the comprehensive Pro Research Report on InvestingPro.

In other recent news, WD-40 Company reported its third-quarter earnings for 2025, revealing a diluted earnings per share (EPS) of $1.54, which exceeded analyst expectations of $1.42. However, the company’s revenue came in at $156.9 million, missing the forecasted $160.6 million. Despite the revenue shortfall, DA Davidson maintained a Buy rating on WD-40 stock, adjusting its price target to $300 from $322 due to currency trends. The firm also highlighted WD-40’s solid performance in its third quarter, noting growth in its largest market and improved gross margins. Strong results in the Americas and Asia-Pacific regions compensated for declines in the EIMEA region, attributed to timing issues with customer orders. Additionally, DA Davidson updated its model to incorporate a one-time income tax benefit of $11.9 million, which boosted WD-40’s second-quarter earnings per share by approximately $0.87. These developments provide investors with a detailed view of the company’s recent financial performance and analyst perspectives.

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