WD-40 Company Increases Quarterly Dividend

SAN DIEGO, Dec. 12, 2017 /PRNewswire/ -- WD-40 Company (NASDAQ:WDFC) today announced that its board of directors declared on Tuesday, December 12, 2017 a quarterly dividend of $0.54 per share reflecting an increase of 10 percent over the previous quarter's dividend. This increase represents the eighth consecutive year the Company has raised its annual dividend, over which time the dividend has increased 116 percent. The quarterly dividend is payable January 31, 2018 to stockholders of record at the close of business on January 19, 2018.

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 $381 million in fiscal year 2017 and its products are currently available in more than 176 countries and territories worldwide. WD-40 Company is traded on the NASDAQ Global Select market under the ticker symbol "WDFC." For additional information about WD-40 Company please visit http://www.wd40company.com.

SOURCE WD-40 Company