Winpak Ltd. (TSE:WPK) declared a quarterly dividend on Monday, August 20th, Zacks reports. Stockholders of record on Monday, October 1st will be paid a dividend of 0.03 per share on Thursday, October 11th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date of this dividend is Friday, September 28th.

Shares of Winpak stock opened at C$47.86 on Friday. Winpak has a 52-week low of C$42.50 and a 52-week high of C$55.97.

Winpak (TSE:WPK) last issued its quarterly earnings results on Thursday, July 26th. The company reported C$0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.52 by C$0.04. Winpak had a net margin of 12.08% and a return on equity of 13.22%. The business had revenue of C$290.64 million for the quarter, compared to analyst estimates of C$290.30 million.

Separately, Royal Bank of Canada set a C$47.00 price target on shares of Winpak and gave the stock a “sector perform” rating in a research note on Saturday, July 14th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Winpak currently has a consensus rating of “Hold” and a consensus price target of C$51.75.

In other news, insider Kevin Mathew Byers sold 2,200 shares of the business’s stock in a transaction dated Tuesday, July 31st. The shares were sold at an average price of C$36.31, for a total transaction of C$79,882.00.

Winpak Company Profile

Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and internationally. The company offers medical packaging products, including thermoforming films, pre-made cups, lidding films, die-cut lids, pouches, central supply room wraps and draping films, and packaging machinery; pharmaceutical packaging products, such as blister foils, pouch stock products, child-resistant blister lidding products, and cold form laminates; and laminations for pouches and lidding applications for personal care products, such as cosmetics, skin creams, and shampoos.

Further Reading: How is an ETF different from a mutual fund?

Dividend History for Winpak (TSE:WPK)

Receive News & Ratings for Winpak Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Winpak and related companies with MarketBeat.com's FREE daily email newsletter.