Winmark Corporation Declares Quarterly Dividend of $0.96 (NASDAQ:WINA)

Winmark Corporation (NASDAQ:WINA) announced a quarterly dividend on Wednesday, January 28th. Stockholders of record on Wednesday, February 11th will be paid a dividend of 0.96 per share by the specialty retailer on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, February 11th.

Winmark has raised its dividend payment by an average of 0.6%per year over the last three years and has increased its dividend every year for the last 5 years. Winmark has a payout ratio of 31.0% meaning its dividend is sufficiently covered by earnings.

Winmark Stock Performance

Shares of WINA traded down $0.26 during trading hours on Wednesday, hitting $459.70. 35,592 shares of the stock were exchanged, compared to its average volume of 126,238. The stock’s 50-day moving average price is $425.16 and its two-hundred day moving average price is $432.85. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 40.97 and a beta of 0.69. Winmark has a 12-month low of $295.79 and a 12-month high of $527.37.

About Winmark

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.