Achieving Growth and Investor Rewards: Weis Markets Flourishes with Strong Performance and Rising Profits
Portfolio Pulse from Benzinga Insights
Weis Markets (NYSE:WMK) will pay a dividend of $0.34 per share on November 20, 2023, with an annualized yield of 2.10%. Shareholders as of November 03, 2023, are eligible. The company has shown a positive trend in dividends and earnings per share from 2019 to 2022, indicating financial health and potential for future increases in payouts. Village Super Market (NASDAQ:VLGEA) has the highest yield in the industry at 4.17%.
November 20, 2023 | 3:05 pm
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NEUTRAL IMPACT
Village Super Market has the highest annualized dividend yield in the industry at 4.17%, compared to Weis Markets' 2.10% yield.
While Village Super Market's higher dividend yield is mentioned, the article focuses more on Weis Markets' financial health and dividend payout, which may not have a direct short-term impact on Village Super Market's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Weis Markets is distributing a $0.34/share dividend with a 2.10% yield, reflecting a positive trend in dividends and earnings growth from 2019 to 2022.
The consistent increase in dividends and earnings per share over the past years suggests a strong financial position for Weis Markets, which is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100