Winpak Ltd. (TSE:WPK) Declares $0.05 Quarterly Dividend

by · The Markets Daily

Winpak Ltd. (TSE:WPK – Get Free Report) announced a quarterly dividend on Thursday, July 2nd, TickerTech Dividends reports. Stockholders of record on Friday, July 10th will be given a dividend of 0.05 per share on Friday, July 10th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, July 2nd.

Winpak Stock Performance

Winpak stock traded up C$0.27 during midday trading on Tuesday, reaching C$43.42. 53,256 shares of the company were exchanged, compared to its average volume of 72,949. The company has a market capitalization of C$2.55 billion, a price-to-earnings ratio of 19.56, a P/E/G ratio of 4.44 and a beta of 0.47. The firm’s 50-day simple moving average is C$41.08 and its 200-day simple moving average is C$44.15. Winpak has a 1 year low of C$38.95 and a 1 year high of C$52.24.

Winpak (TSE:WPK – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The company reported C$0.74 earnings per share (EPS) for the quarter. The firm had revenue of C$389.30 million for the quarter. Winpak had a return on equity of 10.32% and a net margin of 11.93%. On average, analysts forecast that Winpak will post 3.5432473 EPS for the current fiscal year.

Winpak Company Profile

(Get Free Report)

Winpak’s vision is to provide the best packaging solutions for people and planet. Winpak manufactures and distributes high-quality packaging materials and innovative packaging machines, primarily used for the protection of perishable foods, beverages, pharmaceuticals, medical and personal care. Winpak specializes in three main streams of packaging – Flexible Packaging, Rigid Packaging & Lidding, and Packaging Machinery. The Company is closely aligned with Wipak, one of Europe’s leading manufacturers of packaging materials.

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