Weis Markets, Inc. to Issue Quarterly Dividend of $0.30 (WMK)
Weis Markets, Inc. (NYSE:WMK) declared a quarterly dividend on Thursday, July 20th, Fidelity reports. Investors of record on Monday, July 31st will be given a dividend of 0.30 per share on Monday, August 14th. This represents a $1.20 annualized dividend and a dividend yield of 2.54%. The ex-dividend date of this dividend is Thursday, July 27th.
Weis Markets (NYSE WMK) traded down 0.88% on Friday, hitting $47.24. The company had a trading volume of 33,038 shares. Weis Markets has a 12-month low of $46.05 and a 12-month high of $68.88. The stock has a market cap of $1.27 billion, a P/E ratio of 16.11 and a beta of 0.70. The firm’s 50 day moving average price is $49.28 and its 200 day moving average price is $57.18.
Weis Markets (NYSE:WMK) last released its earnings results on Wednesday, May 10th. The company reported $0.44 earnings per share for the quarter. Weis Markets had a net margin of 2.43% and a return on equity of 8.66%. The business had revenue of $852.23 million during the quarter.
Separately, BidaskClub upgraded shares of Weis Markets from a “sell” rating to a “hold” rating in a research note on Saturday, June 10th.
ILLEGAL ACTIVITY NOTICE: “Weis Markets, Inc. to Issue Quarterly Dividend of $0.30 (WMK)” was first published by Daily Political and is owned by of Daily Political. If you are reading this report on another website, it was illegally copied and reposted in violation of United States and international trademark & copyright laws. The legal version of this report can be read at https://www.dailypolitical.com/2017/07/22/weis-markets-inc-to-issue-quarterly-dividend-of-0-30-wmk.html.
Weis Markets Company Profile
Weis Markets, Inc is engaged principally in the retail sale of food in Pennsylvania and surrounding states. The Company’s retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, fuel and general merchandise items, such as health and beauty care and household products.
Receive News & Ratings for Weis Markets Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weis Markets Inc. and related companies with MarketBeat.com's FREE daily email newsletter.