WD-40 Announces Quarterly Dividend of $1.02 Per Share
WD-40 (WDFC) has declared a quarterly dividend of $1.02 per share, consistent with its previous payout levels. The forward yield is estimated at 2.0%. The dividend will be payable on October 30 to shareholders of record as of October 19, with the ex-dividend date also set for October 19. The announcement aligns with WD-40's historical pattern and does not signal a change in its payout strategy. Analyst commentary has been mixed; some maintain negative outlooks due to perceived overvaluation despite recent growth figures. The company recently appointed a new CFO, which may influence future strategic direction or financial performance.
