Weis Markets, Inc. (NYSE:WMK) Announces Quarterly Dividend of $0.34

Weis Markets, Inc. (NYSE:WMK) announced a quarterly dividend on Thursday, February 5th. Stockholders of record on Tuesday, February 17th will be paid a dividend of 0.34 per share on Tuesday, March 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, February 17th.

Weis Markets has increased its dividend by an average of 0.0%annually over the last three years.

Weis Markets Price Performance

Shares of NYSE:WMK opened at $75.29 on Friday. The firm’s 50 day simple moving average is $67.29 and its 200 day simple moving average is $69.00. Weis Markets has a fifty-two week low of $61.53 and a fifty-two week high of $90.23. The company has a market capitalization of $1.86 billion, a price-to-earnings ratio of 19.81 and a beta of 0.46.

Weis Markets (NYSE:WMK) last issued its earnings results on Tuesday, November 4th. The company reported $0.74 EPS for the quarter. The firm had revenue of $1.24 billion during the quarter. Weis Markets had a net margin of 2.05% and a return on equity of 7.16%.

About Weis Markets

Weis Markets, Inc (NYSE: WMK) is a regional supermarket chain headquartered in Sunbury, Pennsylvania, operating more than 200 stores across the Mid-Atlantic and Eastern Seaboard. Founded in 1912 by Harry and Sigmund Weis as a small produce and egg business, the company has grown into a full-service grocer serving Pennsylvania, Maryland, New York, New Jersey, Delaware, Virginia, West Virginia and Ohio. Weis Markets offers a broad selection of products including fresh produce, bakery, deli, dairy, meat and seafood, alongside grocery, general merchandise and prepared foods.

In addition to traditional grocery offerings, Weis Markets provides pharmacy services in many of its locations, as well as in-store fuel centers at select sites.