Weis Markets, Inc. (WMK) to Distribute Quarterly Dividend of $0.34 on November 23rd

Weis Markets, Inc. (NYSE:WMK) announced a quarterly dividend on Thursday, October 29th. Stockholders of record on Monday, November 9th will be paid a dividend of $0.34 per share on Monday, November 23rd. This represents a $1.36 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Monday, November 9th.

Weis Markets Price Performance

WMK opened at $77.74 on Friday. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of 18.55 and a beta of 0.37. The business has a 50 day moving average price of $73.77 and a two-hundred day moving average price of $72.83. Weis Markets has a 1-year low of $59.99 and a 1-year high of $83.74.

Weis Markets (NYSE:WMK) last posted its quarterly earnings results on Tuesday, November 3rd. The company reported $0.90 earnings per share (EPS) for the quarter. The business had revenue of $1.28 billion for the quarter. Weis Markets had a return on equity of 7.40% and a net margin of 1.99%.

About Weis Markets

Weis Markets, Inc is a regional food retailer that operates supermarkets under the Weis Markets banner. The company offers a broad selection of grocery products, including fresh produce, meat and seafood, dairy items, bakery and deli goods, frozen foods, beverages, household products, and health and beauty items. Many locations also provide pharmacy services, prepared foods, fuel, and online grocery ordering or pickup options.

Founded in 1912 by brothers Harry and Sigmund Weis in Sunbury, Pennsylvania, the company has grown into a Mid-Atlantic supermarket chain.