WD-40 Co., the makers of the all-purpose lubricant and other household products, said June 19 that its board of directors declared a regular quarterly dividend of 29 cents per share, payable July 31 to stockholders of record on July 16.

In April, WD-40 reported second quarter revenue of $86 million, and net income of $10.6 million. Both figures beat Wall Street analysts’ estimates.

Traded under the ticker WDFC, shares of the company closed June 20 at $49.03. The stock’s 52 week range is $35.37 to $49.83.