Winmark Corporation (WINA) to Issue Quarterly Dividend of $0.11
Winmark Corporation (NASDAQ:WINA) declared a quarterly dividend on Thursday, October 26th, Wall Street Journal reports. Investors of record on Wednesday, November 8th will be given a dividend of 0.11 per share by the specialty retailer on Friday, December 1st. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.33%. The ex-dividend date is Tuesday, November 7th.
Shares of Winmark Corporation (NASDAQ:WINA) traded up 1.79% on Thursday, reaching $133.35. 3,544 shares of the company’s stock traded hands. Winmark Corporation has a 52 week low of $102.55 and a 52 week high of $139.05. The company has a 50 day moving average of $133.20 and a 200-day moving average of $130.00. The stock has a market capitalization of $509.53 million, a PE ratio of 25.46 and a beta of 0.51.
Winmark Corporation (NASDAQ:WINA) last issued its earnings results on Tuesday, October 17th. The specialty retailer reported $1.33 earnings per share for the quarter. The company had revenue of $17.57 million for the quarter. Winmark Corporation had a net margin of 33.29% and a negative return on equity of 1,258.58%. Equities research analysts forecast that Winmark Corporation will post $1.72 earnings per share for the current year.
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In other Winmark Corporation news, Director Kirk A. Mackenzie sold 13,590 shares of the stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $131.84, for a total transaction of $1,791,705.60. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Steven Murphy sold 3,000 shares of the stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $129.26, for a total transaction of $387,780.00. Following the sale, the insider now directly owns 1,000 shares in the company, valued at $129,260. The disclosure for this sale can be found here. Insiders have sold 38,915 shares of company stock worth $5,128,079 over the last three months. 37.50% of the stock is owned by corporate insiders.
A number of analysts have weighed in on the stock. BidaskClub cut shares of Winmark Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. ValuEngine cut shares of Winmark Corporation from a “buy” rating to a “hold” rating in a report on Friday, September 1st.
Winmark Corporation Company Profile
Winmark Corporation is a franchisor of five retail store concepts that buy, sell and trade gently used merchandise. The Company operates through two business segments: franchising and leasing. The franchising segment franchises value-oriented retail store concepts that buy, sell, trade and consign merchandise.
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