---
schema_version: "secwatch.filing_event.v1"
accession: "0000105132-23-000112"
form_type: "8-K"
ticker: "WDFC"
cik: "0000105132"
company_name: "WD 40 CO"
filed_at: "2023-12-18T23:59:59+00:00"
generated_at: "2026-06-07T11:08:27.934865+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# WD-40 raises quarterly dividend 6% to $0.88 per share; payable Jan 31, 2024

## Summary
- Quarterly dividend increased 6% to $0.88/share; payable Jan 31, 2024 to holders of record Jan 19, 2024.
- Q1 FY2024 earnings call scheduled for Jan 9, 2024 at 2:00 PM PST; management to discuss results and outlook.
- Stockholders approved amended 2016 stock incentive plan, adding 1M shares to reserve for future awards.
- All 11 director nominees elected; advisory vote on executive compensation passed (10.65M for, 0.33M against).

## SEC filing metadata
- accession: 0000105132-23-000112
- form_type: 8-K
- ticker: WDFC
- cik: 0000105132
- company_name: WD 40 CO
- filed_at: 2023-12-18T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105132/000010513223000112/0000105132-23-000112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105132/000010513223000112/wdfc-20231212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000105132-23-000112
- JSON: https://secwatch.observer/filing/0000105132-23-000112.json
- Plain text: https://secwatch.observer/filing/0000105132-23-000112.txt

## Key facts
- Shareholder Votes
  WD 40 CO shareholders approved Advisory Vote to Approve Executive Compensation at the 2023-12-12 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-12-12
  source text: 2. Advisory Vote to Approve Executive Compensation : The Company’s stockholders approved, by advisory vote, the compensation paid to the Company’s named executive officers. The voting results were as follows: Votes For Votes Against Abstain Broker Non-Votes 10,653,724 333,895 29,503 1,626,856
  evidence_url: https://www.sec.gov/Archives/edgar/data/105132/000010513223000112/0000105132-23-000112-index.htm
- Shareholder Votes
  WD 40 CO shareholders approved Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation at the 2023-12-12 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-12-12
  source text: 3. Advisory Vote on the Frequency of Future Advisory Votes Executive Compensation : The Company’s stockholders voted to recommend, by advisory vote, that future advisory votes on the compensation paid to the Company’s named executive officers (“NEO”) be held every year. The voting results were as follows: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 10,775,725 18,994 196,750 25,654 1,626,856
  evidence_url: https://www.sec.gov/Archives/edgar/data/105132/000010513223000112/0000105132-23-000112-index.htm
- Shareholder Votes
  WD 40 CO shareholders approved Election of Directors at the 2023-12-12 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-12-12
  source text: 1. Election of Directors : The Company’s stockholders elected the following directors to each serve until the next Annual Meeting or until a successor is duly elected and qualified. The voting results were as follows: Name Votes For Votes Against Abstain Broker Non-Votes Steven A. Brass 10,876,260 123,714 17,148 1,626,856 Cynthia B. Burks 10,860,604 147,261 9,257 1,626,856 Daniel T. Carter 10,860,144 147,547 9,431 1,626,856 Eric P. Etchart 10,845,004 163,187 8,931 1,626,856 Lara L. Lee 10,850,040 158,761 8,321 1,626,856 Edward O. Magee, Jr. 10,843,646 160,389 13,087 1,626,856 Trevor I. Mihalik 10,847,894 160,080 9,148 1,626,856 Graciela I. Monteagudo 10,803,773 195,849 17,500 1,626,856 David B. Pendarvis 10,852,872 141,575 22,675 1,626,856 Gregory A. Sandfort 10,672,807 334,797 9,518 1,626,856 Anne G. Saunders 10,810,082 188,375 18,665 1,626,856
  evidence_url: https://www.sec.gov/Archives/edgar/data/105132/000010513223000112/0000105132-23-000112-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.