WD-40 Company: A Strong Contender Among Income Stocks

Reported 1 day ago

WD-40 Company (NASDAQ:WDFC) is recognized for its household products and has been featured among the best income stocks favored by hedge funds. In Q3 of fiscal 2025, the company reported a 2% sales growth in its core maintenance segment, increasing its year-to-date growth to 6%. With a gross margin improvement of 310 basis points year-over-year, robust cash flow of nearly $60 million, and a 17-year history of raising dividends, WD-40 presently offers a quarterly dividend of $0.94 per share with a yield of 1.75%. Despite its appeal as an investment, there are suggestions that certain AI stocks may present greater potential.

Source: YAHOO

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