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

Winmark Co. (NASDAQ:WINA) declared a quarterly dividend on Wednesday, January 29th,RTT News reports. Investors of record on Wednesday, February 12th will be paid a dividend of 0.90 per share by the specialty retailer on Monday, March 3rd. This represents a $3.60 annualized dividend and a yield of 0.95%.

Winmark has raised its dividend by an average of 29.8% annually over the last three years.

Winmark Stock Performance

Shares of Winmark stock traded down $5.60 during trading on Wednesday, reaching $380.39. The company’s stock had a trading volume of 474 shares, compared to its average volume of 17,273. The business’s fifty day moving average price is $398.97 and its 200-day moving average price is $384.82. Winmark has a one year low of $330.25 and a one year high of $431.67. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 34.99 and a beta of 0.83.

Insider Activity

In related news, major shareholder Ronald G. Olson sold 3,659 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $424.21, for a total transaction of $1,552,184.39. Following the completion of the transaction, the insider now directly owns 146,335 shares in the company, valued at $62,076,770.35. This represents a 2.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 10.60% of the stock is owned by company insiders.

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.