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

Winmark Co. (NASDAQ:WINA) announced a quarterly dividend on Wednesday, January 29th,RTT News reports. Investors of record on Wednesday, February 12th will be given a dividend of 0.90 per share by the specialty retailer on Monday, March 3rd. This represents a $3.60 dividend on an annualized basis and a yield of 0.95%.

Winmark has increased its dividend payment by an average of 29.8% per year over the last three years.

Winmark Stock Performance

Shares of WINA stock traded down $5.60 during trading hours on Wednesday, hitting $380.39. The company had a trading volume of 474 shares, compared to its average volume of 17,273. The firm’s fifty day moving average is $398.97 and its 200 day moving average is $384.82. Winmark has a 12 month low of $330.25 and a 12 month high of $431.67. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 34.99 and a beta of 0.83.

Insider Activity

In related news, major shareholder Ronald G. Olson sold 3,659 shares of Winmark stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $424.21, for a total value of $1,552,184.39. Following the completion of the sale, the insider now directly owns 146,335 shares in the company, valued at $62,076,770.35. This trade represents a 2.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 10.60% of the company’s stock.

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.