WD-40 Company Increases Quarterly Dividend and Schedules First Quarter 2025 Earnings Conference Call

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WD-40 Company Increases Quarterly Dividend and Schedules First Quarter 2025 Earnings Conference Call

//business-finance.news-articles.net/content/202 .. first-quarter-2025-earnings-conference-call.html

Published in Business and Finance on Wednesday, December 11th 2024 at 21:00 GMT by Yahoo Finance
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

WD-40 Company (NASDAQ:WDFC) today announced that its board of directors declared on Wednesday, December 11, 2024 a quarterly dividend of $0.94 per share reflecting an increase of 7 percent compared to the previous quarter's dividend.

The article from Yahoo Finance discusses WD-40 Company's announcement of a quarterly dividend increase to $0.88 per share, up from $0.83, payable on January 31, 2024, to shareholders of record as of January 19, 2024. This marks the 14th consecutive year that the company has raised its dividend, reflecting its commitment to returning value to shareholders. Additionally, WD-40 reported a 15% increase in net sales for the first quarter of fiscal year 2024, driven by strong performance in the Americas and EIMEA regions, although there was a slight decline in sales in the Asia-Pacific. The company also highlighted its strategic focus on innovation, brand investment, and operational efficiency as key drivers for future growth.

Read the Full Yahoo Finance Article at:
[ https://nz.finance.yahoo.com/news/wd-40-company-increases-quarterly-002400543.html ]

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