Winmark Co. (NASDAQ:WINA) Plans Quarterly Dividend of $0.90

Winmark Co. (NASDAQ:WINA) declared a quarterly dividend on Thursday, April 18th, Wall Street Journal reports. Shareholders of record on Wednesday, May 15th will be given a dividend of 0.90 per share by the specialty retailer on Monday, June 3rd. This represents a $3.60 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend is Tuesday, May 14th. This is a boost from Winmark’s previous quarterly dividend of $0.80.

Winmark has increased its dividend payment by an average of 57.1% annually over the last three years and has raised its dividend every year for the last 3 years.

Winmark Stock Performance

WINA traded down $2.50 during trading hours on Thursday, reaching $366.00. The company’s stock had a trading volume of 40,760 shares, compared to its average volume of 28,285. Winmark has a 52 week low of $308.92 and a 52 week high of $451.30. The company’s 50-day moving average is $362.43 and its 200-day moving average is $390.42. The firm has a market cap of $1.28 billion, a PE ratio of 34.64 and a beta of 0.85.

Winmark (NASDAQ:WINA) last posted its quarterly earnings results on Wednesday, April 17th. The specialty retailer reported $2.41 earnings per share for the quarter. Winmark had a negative return on equity of 83.98% and a net margin of 48.27%. The business had revenue of $20.11 million for the quarter.

Institutional Investors Weigh In On Winmark

A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Winmark by 2.7% during the 4th quarter. Vanguard Group Inc. now owns 159,074 shares of the specialty retailer’s stock worth $66,421,000 after buying an additional 4,140 shares during the period. Price T Rowe Associates Inc. MD increased its position in Winmark by 10.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 713 shares of the specialty retailer’s stock worth $298,000 after buying an additional 67 shares during the period. Port Capital LLC increased its position in Winmark by 1.3% during the 4th quarter. Port Capital LLC now owns 110,316 shares of the specialty retailer’s stock worth $46,062,000 after buying an additional 1,461 shares during the period. Barclays PLC increased its position in Winmark by 134.6% during the 4th quarter. Barclays PLC now owns 5,946 shares of the specialty retailer’s stock worth $2,483,000 after buying an additional 3,412 shares during the period. Finally, Nuveen Asset Management LLC increased its position in Winmark by 8.8% during the 4th quarter. Nuveen Asset Management LLC now owns 13,061 shares of the specialty retailer’s stock worth $5,454,000 after buying an additional 1,055 shares during the period. Institutional investors own 73.32% of the company’s stock.

Winmark Company Profile

Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato's Closet brand; and operates stores which buys and sells used and new children's clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand.