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

Winmark Corporation (NASDAQ:WINAGet Free Report) announced a quarterly dividend on Wednesday, July 15th. Stockholders 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 dividend yield of 1.1%. 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 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 Stock Performance

Winmark stock opened at $368.12 on Monday. The company has a market cap of $1.32 billion, a PE ratio of 33.40 and a beta of 0.53. The company’s 50-day moving average is $383.46 and its two-hundred day moving average is $406.77. Winmark has a 1 year low of $325.06 and a 1 year high of $527.37.

Winmark (NASDAQ:WINAGet Free Report) last announced its quarterly earnings data on Wednesday, July 15th. The specialty retailer reported $2.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.14 by ($0.33). Winmark had a net margin of 47.09% and a negative return on equity of 99.47%. The business had revenue of $21.97 million during the quarter, compared to the consensus estimate of $21.67 million.

Winmark Company Profile

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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.

Further Reading

Dividend History for Winmark (NASDAQ:WINA)

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