Winpak Ltd. (WPK) to Issue Quarterly Dividend of $0.05 on July 10th

Winpak Ltd. (TSE:WPKGet Free Report) declared a quarterly dividend on Thursday, July 2nd, TickerTech Dividends reports. Investors of record on Friday, July 10th will be given a dividend of 0.05 per share on Friday, July 10th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, July 2nd.

Winpak Stock Performance

Shares of WPK stock traded up C$0.27 on Tuesday, hitting C$43.42. 53,256 shares of the company’s stock traded hands, compared to its average volume of 72,949. The company’s fifty day simple moving average is C$41.08 and its 200 day simple moving average is C$44.15. Winpak has a one year low of C$38.95 and a one year high of C$52.24. The stock has a market capitalization of C$2.55 billion, a price-to-earnings ratio of 19.56, a P/E/G ratio of 4.44 and a beta of 0.47.

Winpak (TSE:WPKGet Free Report) last issued its earnings results on Wednesday, April 29th. The company reported C$0.74 earnings per share for the quarter. The company had revenue of C$389.30 million during the quarter. Winpak had a return on equity of 10.32% and a net margin of 11.93%. As a group, sell-side analysts anticipate that Winpak will post 3.5432473 earnings per share for the current fiscal year.

About Winpak

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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.

Further Reading

Dividend History for Winpak (TSE:WPK)

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