
WD-40 Company
WDFCBasic Materials · Specialty Chemicals · Stock · quarterly payer
Forward Yield
2.03%
Annual Dividend
$4.00
Payout Ratio
60%
5-Yr Growth
7.0%
Ex-Date
Oct 19, 2026
Frequency
Quarterly
Key facts about WDFC's dividend
Data as of · Source: SmarterDividends data
- As of Oct 16, 2026, WD-40 Company (WDFC) has a forward dividend yield of 2.03%, based on an annual dividend of $4.00 per share and a share price of $201.08.
- As of Oct 16, 2026, WDFC's dividend safety grade from SmarterDividends is A (84 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, WD-40 Company (WDFC) has raised its dividend for 16 consecutive years as of Oct 16, 2026.
- WDFC last cut its regular dividend in 2003.
- WDFC's next ex-dividend date is Oct 19, 2026, with payment on Oct 30, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 16, 2026, WDFC pays out 60% of its trailing 12-month earnings as dividends (its payout ratio).
- WDFC's dividend has grown at an average rate of 7.0% a year over the past five years.
- As of Oct 16, 2026, WDFC's 2.03% yield is 35% above its five-year average yield of 1.51%.
- As of Oct 16, 2026, SmarterDividends' blended fair-value estimate for WDFC is $170.58 per share, 15% below the $201.08 share price, so WDFC screens as overvalued.
- WD-40 Company (WDFC) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "WDFC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 16, 2026, https://smarterdividends.com/stocks/WDFC
Summary
As of Oct 16, 2026, WD-40 Company (WDFC) yields 2.03% ($4.00 a year per share), has a dividend safety grade of A (84/100) and has 16 consecutive years of dividend increases on record.
Is WDFC a good dividend stock?
YesWD-40 Company (WDFC) pays a quarterly dividend yielding 2.03% ($4.00/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 16 consecutive years of dividend growth
- Comfortable payout ratio (60%)
- Strong 7.0% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 2003
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.03%
- Payout Ratio
- 60%
- Annual Dividend
- $4.00
- 5-Yr Avg Growth
- 7.0%
- Ex-Dividend Date
- Oct 19, 2026
- Years of Growth
- 16
- Frequency
- quarterly
- Beta
- 0.26
- Market Cap
- $2.7B
- P/E Ratio
- 30.6
- 5-Yr Total Return
- -11%
- 52-Week Range
- $175.38 – $298.90
- Dividend Safety
- A · 84/100
- Ever Cut?
- Yes (2003)
Frequently Asked Questions
Is WDFC a good dividend stock?
Yes. WD-40 Company (WDFC) pays a quarterly dividend yielding 2.03% ($4.00/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is WDFC undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, WDFC's fair value is about $170.58 versus a $201.08 share price — so it looks overvalued (-15% vs. fair value).
Is WDFC's dividend safe?
WDFC has a dividend-safety grade of A (84/100), based on its payout coverage, free-cash-flow, 16-year growth streak, a dividend cut in 2003, debt and yield-versus-history.
What is WDFC's fair value?
Our blended fair-value estimate for WDFC is about $170.58 per share, about 15% below the current $201.08 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is WDFC a buy, hold, or sell?
We don't issue formal ratings, but on the data WDFC screens as "yes" and overvalued. WD-40 Company (WDFC) pays a quarterly dividend yielding 2.03% ($4.00/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will WDFC cut its dividend?
WDFC earns a dividend-safety grade of A (84/100), and has cut its dividend before (last in 2003). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does WDFC pay a dividend?
Yes. WD-40 Company pays a quarterly dividend of about $4.00 per share annually, a forward yield of roughly 2.03%.
What is WDFC's dividend yield?
As of Oct 16, 2026, WDFC's forward dividend yield is 2.03%, based on a $4.00 annual dividend and a $201.08 share price.
What is WDFC's dividend per share?
As of Oct 16, 2026, WDFC pays $4.00 per share per year, distributed on a quarterly basis.
What is WDFC's dividend payout ratio?
As of Oct 16, 2026, WDFC's payout ratio is 60% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has WDFC grown its dividend?
As of Oct 16, 2026, WDFC has increased its dividend for 16 consecutive years.
When is the next WDFC ex-dividend date?
As of Oct 16, 2026, the next ex-dividend date on record for WDFC is Oct 19, 2026.
WDFC Price — Last 12 Months
Daily close
Price Return
1 Year
+2%
3 Years
-17%
5 Years
-11%
52-Week Range
$175.38 – $298.90
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is WDFC worth?
Overvaluedhigh confidenceOur blended fair-value estimate for WD-40 Company is $170.58 per share, versus a market price of $201.08. That implies 15% of downside.
Fair Value
$170.58
Current Price
$201.08
Downside
-15%
Margin of Safety
-18%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 11.7% annual free-cash-flow growth. We model 12.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $6.58 EPS, $4.08 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
WDFC Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full WDFC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 17, 2026 | Jul 31, 2026 | $1.0200 | regular |
| Apr 17, 2026 | Apr 30, 2026 | $1.0200 | regular |
| Jan 16, 2026 | Jan 30, 2026 | $1.0200 | regular |
| Oct 20, 2025 | Oct 31, 2025 | $0.9400 | regular |
| Jul 18, 2025 | Jul 31, 2025 | $0.9400 | regular |
| Apr 17, 2025 | Apr 30, 2025 | $0.9400 | regular |
| Jan 17, 2025 | Jan 31, 2025 | $0.9400 | regular |
| Oct 18, 2024 | Oct 31, 2024 | $0.8800 | regular |
| Jul 19, 2024 | Jul 31, 2024 | $0.8800 | regular |
| Apr 18, 2024 | Apr 30, 2024 | $0.8800 | regular |
| Jan 18, 2024 | Jan 31, 2024 | $0.8800 | regular |
| Oct 19, 2023 | Oct 31, 2023 | $0.8300 | regular |
| Jul 13, 2023 | Jul 31, 2023 | $0.8300 | regular |
| Apr 13, 2023 | Apr 28, 2023 | $0.8300 | regular |
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