Winmark Corporation (WINA) to Issue Quarterly Dividend of $1.02 on September 1st

Winmark Corporation (NASDAQ:WINAGet Free Report) announced a quarterly dividend on Wednesday, July 15th. Investors of record on Wednesday, August 12th will be given a dividend of 1.02 per share by the specialty retailer on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, August 12th.

Winmark has increased its dividend by an average of 0.3%annually over the last three years and has raised its dividend every year for the last 5 years. Winmark has a payout ratio of 32.9% meaning its dividend is sufficiently covered by earnings.

Winmark Price Performance

Shares of Winmark stock opened at $388.95 on Friday. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of 35.29 and a beta of 0.52. The firm’s 50-day moving average is $387.90 and its two-hundred day moving average is $414.93. Winmark has a 1 year low of $338.18 and a 1 year high of $527.37.

Winmark (NASDAQ:WINAGet Free Report) last posted its quarterly earnings results on Wednesday, July 15th. The specialty retailer reported $2.81 EPS for the quarter, missing the consensus estimate of $3.14 by ($0.33). Winmark had a net margin of 47.09% and a negative return on equity of 96.84%. The business had revenue of $21.97 million during the quarter, compared to the consensus estimate of $21.67 million.

About Winmark

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Winmark Corporation (NASDAQ: WINA) is a franchisor of retail resale stores, specializing in the resale of apparel, sporting goods, children’s and maternity clothing, toys, and entertainment media. Through its portfolio of well-known brands—such as Plato’s Closet, Once Upon a Child, Play It Again Sports, and Style Encore—Winmark provides aspiring entrepreneurs the opportunity to own and operate neighborhood resale businesses. The company supports its franchisees with site selection, store design, training programs, and ongoing marketing assistance, emphasizing a turnkey approach to retail entrepreneurship.

Each of Winmark’s franchised brands targets a distinct consumer segment.

See Also

Dividend History for Winmark (NASDAQ:WINA)

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