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

Winpak Ltd. (TSE:WPK) declared 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 annualized dividend and a yield of 0.46%.

Winpak Stock Down 1.9 %

TSE WPK traded down C$0.82 during mid-day trading on Thursday, hitting C$43.13. The stock had a trading volume of 109,055 shares, compared to its average volume of 72,461. The company has a 50 day simple moving average of C$44.80 and a 200 day simple moving average of C$46.37. The company 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. Winpak has a 52-week low of C$38.81 and a 52-week high of C$51.16.

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.