WD-40 Company: Quality? Check. Reasonable Valuation? Far From It.
When you think of consumer staples you typically think of food and household goods products. WD-40 (WDFC) is a bit of a different beast, but squarely falls into the camp of a consumer staple in the fact that it's probably a safe guess that the majority of people have a can of WD-40 lying around in their house.
WD-40's namesake brand is well known, but they also have a number of brands in the household cleaning segment.
The dividend growth investment strategy is the one that appealed most to me when I began my investing journey. The strategy is simple and straight-forward with the general premise being to find quality businesses that have a history of paying and growing their dividends over time and to purchase them at attractive valuations.