Winmark Corporation (NASDAQ:WINA – Get Free Report) announced a quarterly dividend on Wednesday, July 15th. Investors of record on Wednesday, August 12th will be paid 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 1.1%. The ex-dividend date is Wednesday, August 12th.
Winmark has increased its dividend by an average of 0.3%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Winmark has a dividend payout ratio of 32.9% indicating that its dividend is sufficiently covered by earnings.
Winmark Trading Up 0.0%
Shares of NASDAQ:WINA opened at $376.76 on Thursday. Winmark has a twelve month low of $338.18 and a twelve month high of $527.37. The company has a market cap of $1.35 billion, a PE ratio of 33.94 and a beta of 0.52. The company’s 50 day moving average is $387.48 and its 200 day moving average is $415.08.
About Winmark
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.
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