Weis Markets, Inc. Announces Quarterly Dividend of $0.31 (NYSE:WMK)

Weis Markets, Inc. (NYSE:WMK) announced a quarterly dividend on Thursday, July 16th, Fidelity reports. Shareholders of record on Monday, July 27th will be paid a dividend of 0.31 per share on Monday, August 10th. This represents a $1.24 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date is Friday, July 24th.

Weis Markets has increased its dividend payment by an average of 3.3% annually over the last three years and has increased its dividend annually for the last 2 consecutive years.

Shares of WMK stock opened at $51.09 on Thursday. The firm has a market capitalization of $1.38 billion, a PE ratio of 17.14 and a beta of 0.12. The firm has a fifty day simple moving average of $49.20 and a two-hundred day simple moving average of $44.75. The company has a current ratio of 1.71, a quick ratio of 0.99 and a debt-to-equity ratio of 0.16. Weis Markets has a 12 month low of $32.44 and a 12 month high of $59.39.

Weis Markets (NYSE:WMK) last announced its quarterly earnings results on Monday, May 4th. The company reported $0.99 EPS for the quarter. Weis Markets had a net margin of 2.20% and a return on equity of 7.61%. The business had revenue of $985.82 million during the quarter.

Separately, TheStreet upgraded shares of Weis Markets from a “c+” rating to a “b-” rating in a research note on Monday, April 13th.

Weis Markets Company Profile

Weis Markets, Inc engages in the retail sale of food in Pennsylvania and surrounding states. The company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products.

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Dividend History for Weis Markets (NYSE:WMK)

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