Winmark Corporation Announces Quarterly Dividend Of $0.90 Per Share And Special Dividend Of $7.50 Per Share, Both Payable On December 2, 2024, To Shareholders Of Record As Of November 13, 2024; Special Dividend Expected To Total $26.4M
Portfolio Pulse from Benzinga Newsdesk
Winmark Corporation has announced a quarterly dividend of $0.90 per share and a special dividend of $7.50 per share, both payable on December 2, 2024, to shareholders of record as of November 13, 2024. The special dividend is expected to total $26.4 million.
October 16, 2024 | 3:28 pm
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Winmark Corporation has declared a quarterly dividend of $0.90 and a special dividend of $7.50 per share, indicating a strong cash position and shareholder return strategy.
The announcement of both a quarterly and a special dividend suggests that Winmark Corporation is in a strong financial position, which is likely to positively impact investor sentiment and the stock price in the short term. The special dividend of $7.50 per share, totaling $26.4 million, is a significant return to shareholders, indicating confidence in the company's cash flow and future prospects.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100