Winmark Corporation Announces Increase In Cash Dividend From $0.80 To $0.90 Per Share
Portfolio Pulse from Benzinga Newsdesk
Winmark Corporation (NASDAQ:WINA) has increased its quarterly cash dividend from $0.80 to $0.90 per share, payable on June 3, 2024, to shareholders of record as of May 15, 2024. Future dividends are subject to Board approval.
April 17, 2024 | 2:24 pm
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Winmark Corporation has raised its quarterly dividend to $0.90 per share, an increase from the previous $0.80, with the next payment due on June 3, 2024.
Increasing dividends is generally viewed positively by the market as it signals confidence in the company's financial health and future earnings potential. This increase from $0.80 to $0.90 per share is likely to be seen as a strong indicator of Winmark's operational strength and commitment to returning value to shareholders, potentially leading to a positive short-term impact on its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100