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

Winpak Ltd. (TSE:WPK) announced a quarterly dividend on Wednesday, April 1st, TickerTech Dividends reports. Investors of record on Friday, April 10th will be paid a dividend of 0.05 per share on Friday, April 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Wednesday, April 1st.

Winpak Price Performance

WPK opened at C$45.14 on Wednesday. The firm has a market cap of C$2.65 billion, a price-to-earnings ratio of 20.06, a price-to-earnings-growth ratio of 4.44 and a beta of 0.51. Winpak has a fifty-two week low of C$37.74 and a fifty-two week high of C$52.24. The company’s 50-day moving average price is C$46.72 and its 200 day moving average price is C$44.45. The company has a quick ratio of 4.69, a current ratio of 6.34 and a debt-to-equity ratio of 1.06.

Winpak (TSE:WPK) last issued its earnings results on Tuesday, February 24th. The company reported C$0.82 earnings per share (EPS) for the quarter. Winpak had a net margin of 12.20% and a return on equity of 10.69%. The firm had revenue of C$389.37 million for the quarter. As a group, sell-side analysts expect that Winpak will post 3.5432473 earnings per share for the current year.

About Winpak

Winpak’s vision is to provide the best packaging solutions for people and planet. Winpak manufactures and distributes high-quality packaging materials and innovative packaging machines, primarily used for the protection of perishable foods, beverages, pharmaceuticals, medical and personal care. Winpak specializes in three main streams of packaging – Flexible Packaging, Rigid Packaging & Lidding, and Packaging Machinery. The Company is closely aligned with Wipak, one of Europe’s leading manufacturers of packaging materials.