Winpak Ltd. (WPK) to Issue Quarterly Dividend of $0.05 on October 9th

Winpak Ltd. (TSE:WPK) declared a quarterly dividend on Thursday, October 1st. Shareholders of record on Friday, October 9th will be paid a dividend of $0.05 per share on Friday, October 9th. This represents a $0.20 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, October 1st.

Winpak Stock Performance

Shares of TSE WPK traded down C$0.37 during midday trading on Tuesday, reaching C$43.44. 97,904 shares of the stock were exchanged, compared to its average volume of 75,103. The company has a 50 day simple moving average of C$44.10 and a 200 day simple moving average of C$43.18. The stock has a market capitalization of C$2.55 billion, a P/E ratio of 18.89, a PEG ratio of 4.44 and a beta of 0.46. Winpak has a twelve month low of C$38.95 and a twelve month high of C$52.24.

Winpak (TSE:WPK) last released its quarterly earnings data on Thursday, July 23rd. The company reported C$0.81 EPS for the quarter. The firm had revenue of C$417.85 million for the quarter. Winpak had a return on equity of 10.41% and a net margin of 12.01%. On average, research analysts expect that Winpak will post 3.5432473 earnings per share for the current 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.