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

Winpak Ltd. (TSE:WPK) declared a quarterly dividend on Thursday, July 2nd, TickerTech Dividends reports. Stockholders of record on Friday, July 10th will be given a dividend of 0.05 per share on Friday, July 10th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, July 2nd.

Winpak Stock Up 0.6%

Shares of WPK traded up C$0.27 during mid-day trading on Tuesday, hitting C$43.42. 53,256 shares of the company’s stock traded hands, compared to its average volume of 72,949. The firm has a market capitalization of C$2.55 billion, a P/E ratio of 19.56, a PEG ratio of 4.44 and a beta of 0.47. The business’s 50-day moving average price is C$41.08 and its 200-day moving average price is C$44.15. Winpak has a 1 year low of C$38.95 and a 1 year high of C$52.24.

Winpak (TSE:WPK) last announced its quarterly earnings results on Wednesday, April 29th. The company reported C$0.74 EPS for the quarter. The company had revenue of C$389.30 million during the quarter. Winpak had a return on equity of 10.32% and a net margin of 11.93%. Sell-side analysts anticipate that Winpak will post 3.5432473 earnings per share for the current fiscal year.

Winpak Company Profile

Winpak’s vision is to provide the best packaging solutions for people and planet. Winpak manufactures and distributes high-quality packaging materials and innovative packaging machines, primarily used for the protection of perishable foods, beverages, pharmaceuticals, medical and personal care. Winpak specializes in three main streams of packaging – Flexible Packaging, Rigid Packaging & Lidding, and Packaging Machinery. The Company is closely aligned with Wipak, one of Europe’s leading manufacturers of packaging materials.