Follow The Dividend: The $0.42 mark is well within reach for WD-40 Company (NASDAQ:WDFC).

Follow The Dividend: The $0.42 mark is well within reach for WD 40 Company (NASDAQ:WDFC).

WD-40 Company (NASDAQ:WDFC) is expected to pay $0.42 on Oct 31, 2016. The indicated annual dividend is $1.68. Shareholders owning the stock before Oct 19, 2016 will be eligible to receive the payout. Based on WD-40 Company’s current price of $110.04, the dividend is 0.38%. This dividend’s record date is Oct 21, 2016 and the announcement date is Oct 11, 2016. The stock closed at $110.04 during the last session. It is down 6.11% since March 15, 2016 and is uptrending. It has outperformed by 0.63% the S&P500.

WD-40 Company, is a global consumer Products Company. The company has a market cap of $1.55 billion. As of August 31, 2012, the Company’s products included WD-40 Smart Straw, WD-40 Trigger Pro, 3-IN-ONE Professional Garage Door Lube, Spot Shot Pet Clean which is a non-aerosol Spot Shot trigger product, and a mildew stain remover under the X-14 brand. It has a 31.91 P/E ratio. In addition, its WD-40 Specialist product line, consists of certain specialty maintenance products.

Insitutional Activity: The institutional sentiment decreased to 0.85 in 2016 Q2. Its down 0.33, from 1.18 in 2016Q1. The ratio worsened, as 21 funds sold all WD-40 Company shares owned while 63 reduced positions. 18 funds bought stakes while 53 increased positions. They now own 9.98 million shares or 5.90% more from 9.43 million shares in 2016Q1.
Wealthtrust, a Alabama-based fund reported 10 shares. Thrivent Fincl For Lutherans reported 6,480 shares or 0% of all its holdings. Moreover, Oppenheimer & Inc has 0.06% invested in WD-40 Company (NASDAQ:WDFC) for 18,129 shares. Mercer Cap Advisers Inc owns 121 shares or 0.01% of their US portfolio. Renaissance Technologies Limited Liability Corp holds 0.14% or 639,000 shares in its portfolio. Cap Mgmt Associates Ny last reported 2.26% of its portfolio in the stock. New York State Common Retirement Fund holds 30,400 shares or 0.01% of its portfolio. Greenwich Wealth Mngmt Limited Co holds 0.08% of its portfolio in WD-40 Company (NASDAQ:WDFC) for 3,150 shares. California Public Employees Retirement accumulated 56,800 shares or 0.01% of the stock. Blackrock Fund Advsrs holds 0.02% of its portfolio in WD-40 Company (NASDAQ:WDFC) for 859,867 shares. Eqis Mngmt has 3,688 shares for 0.03% of their US portfolio. Moreover, Goldman Sachs has 0% invested in WD-40 Company (NASDAQ:WDFC) for 31,214 shares. Vanguard Gp Inc, a Pennsylvania-based fund reported 1.12 million shares. First Manhattan last reported 150 shares in the company. Victory Capital Mngmt owns 1,146 shares or 0% of their US portfolio.

Insider Transactions: Since July 22, 2016, the stock had 1 insider purchase, and 6 insider sales for $1.51 million net activity. Shares for $117,610 were sold by CRIVELLO MARIO L on Wednesday, August 24. PITTARD DANIEL E had bought 295 shares worth $33,925. On Friday, August 5 NOBLE WILLIAM B sold $115,140 worth of the stock or 1,000 shares. REMBOLT JAY sold $66,690 worth of WD-40 Company (NASDAQ:WDFC) on Wednesday, August 10.

WD-40 Company (NASDAQ:WDFC) Ratings Coverage

Out of 2 analysts covering WD-40 Company (NASDAQ:WDFC), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. WD-40 Company has been the topic of 4 analyst reports since August 8, 2015 according to StockzIntelligence Inc. Jefferies initiated it with “Hold” rating and $120 target price in Thursday, August 25 report. The company was upgraded on Saturday, August 8 by Zacks. The rating was downgraded by B. Riley & Co to “Neutral” on Monday, October 19. On Tuesday, September 1 the stock rating was upgraded by Zacks to “Sell”.

More important recent WD-40 Company (NASDAQ:WDFC) news were published by: Prnewswire.com which released: “WD-40 Company Schedules Fourth Quarter and Full Fiscal Year 2016 Earnings …” on October 03, 2016, also Prnewswire.com published article titled: “WD-40 Company Reports Third Quarter 2016 Financial Results”, Prnewswire.com published: “WD-40 Company Reports Second Quarter 2016 Financial Results” on April 07, 2016. More interesting news about WD-40 Company (NASDAQ:WDFC) was released by: Prnewswire.com and their article: “WD-40 Company Schedules Third Fiscal Quarter 2016 Earnings Conference Call” with publication date: June 16, 2016.

WDFC Company Profile

WD-40 Company, incorporated on October 22, 1999, is a global consumer Products Company. As of August 31, 2012, the Company’s products included WD-40 Smart Straw, WD-40 Trigger Pro, 3-IN-ONE Professional Garage Door Lube, Spot Shot Pet Clean which is a non-aerosol Spot Shot trigger product, and a mildew stain remover under the X-14 brand. In addition, its WD-40 Specialist product line, consists of certain specialty maintenance products. The Company’s three geographical divisions are: the Americas, Europe and Asia-Pacific. The Firm sells its products primarily through mass retail and home center stores, warehouse club stores, grocery stores, hardware stores, automotive parts outlets and industrial distributors and suppliers. During the fiscal year ended August 31, 2012, the Company formed WD-40 Bike Company LLC, focused on the development of a line of bicycle maintenance products for cyclists and mechanics.

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