Winmark Corporation (NASDAQ:WINA – Get Free Report) announced a quarterly dividend on Wednesday, April 15th. Shareholders of record on Wednesday, May 13th will be paid a dividend of 1.02 per share by the specialty retailer on Monday, June 1st. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, May 13th. This is a 6.3% increase from Winmark’s previous quarterly dividend of $0.96.
Winmark has increased its dividend payment by an average of 0.3%per year over the last three years and has increased its dividend every year for the last 5 years. Winmark has a payout ratio of 32.9% meaning its dividend is sufficiently covered by earnings.
Winmark Stock Performance
Shares of WINA opened at $373.40 on Monday. The business’s 50-day moving average is $421.14 and its two-hundred day moving average is $425.64. The company has a market capitalization of $1.34 billion, a P/E ratio of 33.64 and a beta of 0.55. Winmark has a fifty-two week low of $355.00 and a fifty-two week high of $527.37.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its stake in Winmark by 5.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 74,379 shares of the specialty retailer’s stock valued at $31,800,000 after buying an additional 3,771 shares in the last quarter. SEB Asset Management AB purchased a new position in Winmark in the 1st quarter valued at about $1,143,000. Bessemer Group Inc. lifted its stake in Winmark by 3.5% in the 1st quarter. Bessemer Group Inc. now owns 42,738 shares of the specialty retailer’s stock valued at $18,273,000 after buying an additional 1,440 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Winmark by 11.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 22,086 shares of the specialty retailer’s stock valued at $9,565,000 after buying an additional 2,350 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Winmark by 31.6% in the 1st quarter. Bank of New York Mellon Corp now owns 30,770 shares of the specialty retailer’s stock valued at $13,156,000 after buying an additional 7,384 shares in the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.
About Winmark
Winmark Corporation (NASDAQ: WINA) is a franchisor of retail resale stores, specializing in the resale of apparel, sporting goods, children’s and maternity clothing, toys, and entertainment media. Through its portfolio of well-known brands—such as Plato’s Closet, Once Upon a Child, Play It Again Sports, and Style Encore—Winmark provides aspiring entrepreneurs the opportunity to own and operate neighborhood resale businesses. The company supports its franchisees with site selection, store design, training programs, and ongoing marketing assistance, emphasizing a turnkey approach to retail entrepreneurship.
Each of Winmark’s franchised brands targets a distinct consumer segment.
Featured Stories
- Five stocks we like better than Winmark
- 3 Companies Quietly Essential to Data Center and AI Operations
- Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum
- Quantum Earnings Season Is Ramping Up—What to Watch From 2 Major Players
- Flutter Sees Post-Earnings Boost as FanDuel Shows Signs of Recovery
Receive News & Ratings for Winmark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Winmark and related companies with MarketBeat.com's FREE daily email newsletter.
