Winpak Ltd. (WPK) to Issue Quarterly Dividend of $0.05 on July 10th

Winpak Ltd. (TSE:WPK) declared a quarterly dividend on Thursday, July 2nd, TickerTech Dividends reports. Shareholders of record on Friday, July 10th will be paid a dividend of 0.05 per share on Friday, July 10th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, July 2nd.

Winpak Stock Performance

Shares of TSE:WPK traded up C$0.27 during midday trading on Tuesday, reaching C$43.42. 53,256 shares of the company’s stock traded hands, compared to its average volume of 72,949. Winpak has a 1 year low of C$38.95 and a 1 year high of C$52.24. The company has a market cap of C$2.55 billion, a P/E ratio of 19.56, a PEG ratio of 4.44 and a beta of 0.47. The company has a fifty day simple moving average of C$41.08 and a two-hundred day simple moving average of C$44.15.

Winpak (TSE:WPK) last issued its quarterly earnings results on Wednesday, April 29th. The company reported C$0.74 earnings per share (EPS) for the quarter. Winpak had a return on equity of 10.32% and a net margin of 11.93%.The firm had revenue of C$389.30 million for the quarter. As a group, research analysts forecast that Winpak will post 3.5432473 EPS for the current fiscal year.

Winpak Company Profile

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.