WD-40 Company (NASDAQ:WDFC) is listed among the 11 Best Income Stocks to Buy According to Hedge Funds, offering a reliable choice among income stocks. The company manages a wide range of well-known brands in maintenance, home care, and cleaning products, distributed in over 176 countries. In the third quarter of fiscal 2025, WD-40 Company saw a 2% increase in sales in its core maintenance segment, with a 56% gross margin, surpassing its long-term goal. The company also reported a strong cash position with $51.6 million available in cash and cash equivalents and raised its payouts for 17 consecutive years, offering a quarterly dividend of $0.94 per share and a dividend yield of 1.75%. While WD-40 Company shows investment potential, certain AI stocks may offer greater upside potential and less downside risk, making them worth considering.
Read more at Yahoo Finance: Why WD-40 Company (WDFC) is a Reliable Choice Among Income Stocks