WD-40 Company Declares Regular Quarterly Dividend
Rhea-AI Summary
WD-40 Company (NASDAQ: WDFC) declared a quarterly dividend of $0.67 per share on October 5, 2020. This dividend will be payable on October 30, 2020, to stockholders recorded as of October 16, 2020. In fiscal year 2019, the company reported net sales of $423.4 million and operates in over 176 countries. The announcement reflects the company's commitment to returning value to shareholders through consistent dividend payments, contributing positively to investor confidence.
AI-generated analysis. Not financial advice.
Positive
- Quarterly dividend of $0.67 per share declared.
- Dividend payment supports shareholder income.
- Company's strong fiscal performance with $423.4 million in net sales.
Negative
- None.
News Market Reaction – WDFC
On the day this news was published, WDFC gained 1.12%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
SAN DIEGO, Oct. 5, 2020 /PRNewswire/ -- WD-40 Company (NASDAQ:WDFC) today announced that its board of directors declared on Monday, October 5, 2020 a quarterly dividend of
About WD-40 Company
WD-40 Company is a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world. The Company markets its maintenance products and homecare and cleaning products under the following well-known brands: WD-40®, 3-IN-ONE®, GT85®, X-14®, 2000 Flushes®, Carpet Fresh®, no vac®, Spot Shot®, 1001®, Lava® and Solvol®.
Headquartered in San Diego, WD-40 Company recorded net sales of
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SOURCE WD-40 Company