Winpak Ltd. (TSE:WPK) Plans $0.05 Quarterly Dividend

Winpak Ltd. (TSE:WPK) announced a quarterly dividend on Thursday, February 27th, RTT News reports. Investors of record on Tuesday, April 1st will be given a dividend of 0.05 per share on Friday, April 11th. This represents a $0.20 dividend on an annualized basis and a yield of 0.46%.

Winpak Stock Performance

WPK opened at C$43.13 on Friday. The stock’s 50 day moving average price is C$44.69 and its 200-day moving average price is C$46.35. Winpak has a one year low of C$38.81 and a one year high of C$51.16. The stock has a market cap of C$1.89 billion, a price-to-earnings ratio of 13.00, a P/E/G ratio of 4.44 and a beta of 0.21.

About Winpak

Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and Mexico. The company operates is Flexible Packaging, Rigid Packaging and Flexible Lidding, and Packaging Machinery segments. The Flexible Packaging segment provides modified atmosphere packaging products for fresh and processed meats, poultry, cheese, medical device packaging, high-performance pouch, and high-barrier films for converting applications; specialty films, including barrier and non-barrier films converting applications, such as printing, laminating and bag making, as well as shrink bags; and biaxially oriented nylon films for food packaging and industrial applications.