Winmark Corporation Announces Increase in Cash Dividend
Winmark Corporation (Nasdaq: WINA) has approved an increase in its quarterly cash dividend to $0.45 per share, up by $0.20 from the previous rate. This dividend will be paid on June 1, 2021, to shareholders of record by May 12, 2021. Winmark operates 1,264 franchises under brands such as Plato's Closet® and Once Upon A Child® as of March 27, 2021, with an additional 32 franchises awarded but not yet opened. Future dividends will require Board approval.
- Quarterly dividend increased to $0.45 per share, enhancing shareholder income.
- Strong franchise presence with 1,264 locations supports brand stability.
- Future dividends are subject to Board approval, indicating potential uncertainty.
Winmark Corporation (Nasdaq: WINA) announced today that its Board of Directors has approved an increase in its regular quarterly cash dividend to shareholders. The quarterly dividend of
Winmark Corporation creates, supports and finances business. At March 27, 2021, there were 1,264 franchises in operation under the brands Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore® and Music Go Round®. An additional 32 retail franchises have been awarded but are not open.
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