WD-40 (NASDAQ:WDFC) declared a quarterly dividend on Tuesday, December 12th, RTT News reports. Shareholders of record on Friday, January 19th will be given a dividend of 0.54 per share by the specialty chemicals company on Wednesday, January 31st. This represents a $2.16 annualized dividend and a yield of 1.81%. This is an increase from WD-40’s previous quarterly dividend of $0.49.

Shares of WD-40 (NASDAQ WDFC) traded down $0.80 during mid-day trading on Tuesday, hitting $119.50. 47,000 shares of the stock traded hands, compared to its average volume of 65,273. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.51 and a current ratio of 2.98. WD-40 has a 52-week low of $100.60 and a 52-week high of $122.65. The firm has a market cap of $1,679.91, a price-to-earnings ratio of 32.34, a P/E/G ratio of 3.13 and a beta of 0.67.

WD-40 (NASDAQ:WDFC) last issued its quarterly earnings data on Thursday, October 19th. The specialty chemicals company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.97 by $0.04. WD-40 had a net margin of 13.91% and a return on equity of 39.82%. The firm had revenue of $96.60 million for the quarter, compared to analyst estimates of $106.01 million. During the same period in the prior year, the business posted $0.99 EPS. The business’s revenue for the quarter was down .6% compared to the same quarter last year. analysts forecast that WD-40 will post 3.85 EPS for the current fiscal year.

Several equities analysts have recently commented on the stock. BidaskClub lowered shares of WD-40 from a “buy” rating to a “hold” rating in a report on Tuesday. FBR & Co restated a “neutral” rating and issued a $122.00 price objective (up from $115.00) on shares of WD-40 in a report on Friday, October 20th. B. Riley restated a “neutral” rating on shares of WD-40 in a report on Wednesday, November 1st. Finally, Zacks Investment Research lowered shares of WD-40 from a “hold” rating to a “sell” rating in a report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $117.25.

In related news, VP Jay Rembolt sold 582 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $110.00, for a total transaction of $64,020.00. Following the sale, the vice president now directly owns 37,632 shares of the company’s stock, valued at approximately $4,139,520. The sale was disclosed in a legal filing with the SEC, which is available through this link. 3.62% of the stock is owned by corporate insiders.

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WD-40 Company Profile

WD-40 Company is a global company engaged in developing and selling products, which solve problems in workshops, factories and homes. The Company’s segments include the Americas; Europe, Middle East and Africa (EMEA), and Asia-Pacific. The Company’s Americas segment includes the United States, Canada and Latin America.

Dividend History for WD-40 (NASDAQ:WDFC)

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