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

Winmark Co. (NASDAQ:WINA - Get Free Report) announced a quarterly dividend on Wednesday, April 17th, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be paid a dividend of 0.90 per share by the specialty retailer on Monday, June 3rd. This represents a $3.60 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend is Tuesday, May 14th. This is a boost from Winmark's previous quarterly dividend of $0.80.

Winmark has increased its dividend by an average of 57.1% per year over the last three years and has increased its dividend annually for the last 3 consecutive years.

Winmark Trading Down 0.7 %

WINA stock traded down $2.50 during trading on Thursday, hitting $366.00. The company had a trading volume of 40,760 shares, compared to its average volume of 28,285. The business has a 50-day moving average of $362.20 and a 200-day moving average of $390.25. Winmark has a one year low of $308.92 and a one year high of $451.30. The stock has a market cap of $1.28 billion, a PE ratio of 33.18 and a beta of 0.85.

Winmark (NASDAQ:WINA - Get Free Report) last announced its earnings results on Wednesday, April 17th. The specialty retailer reported $2.41 EPS for the quarter. Winmark had a negative return on equity of 83.98% and a net margin of 48.27%. The business had revenue of $20.11 million for the quarter.

Institutional Investors Weigh In On Winmark

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC grew its stake in Winmark by 91.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 132 shares of the specialty retailer's stock valued at $29,000 after purchasing an additional 63 shares during the period. Lazard Asset Management LLC bought a new position in shares of Winmark during the 1st quarter worth $47,000. Acadian Asset Management LLC bought a new position in shares of Winmark during the 1st quarter worth $55,000. State of Wyoming grew its stake in shares of Winmark by 864.3% during the 4th quarter. State of Wyoming now owns 270 shares of the specialty retailer's stock worth $64,000 after acquiring an additional 242 shares during the period. Finally, First Manhattan CO. LLC. boosted its stake in Winmark by 46.6% in the 1st quarter. First Manhattan CO. LLC. now owns 346 shares of the specialty retailer's stock worth $111,000 after purchasing an additional 110 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

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.