Winpak Ltd. (WPK) to Distribute Quarterly Dividend of $0.05 on October 9th

Winpak Ltd. (TSE:WPK) announced a quarterly dividend on Thursday, October 1st. Investors of record on Friday, October 9th will be given a dividend of $0.05 per share on Friday, October 9th. This represents a $0.20 annualized dividend and a yield of 0.5%. The ex-dividend date is Thursday, October 1st.

Winpak Stock Down 0.8%

Shares of Winpak stock traded down C$0.37 during mid-day trading on Tuesday, reaching C$43.44. 97,904 shares of the stock traded hands, compared to its average volume of 75,103. The business has a 50-day moving average of C$44.10 and a 200 day moving average of C$43.18. Winpak has a fifty-two week low of C$38.95 and a fifty-two week high of C$52.24. The stock has a market capitalization of C$2.55 billion, a PE ratio of 18.89, a PEG ratio of 4.44 and a beta of 0.46.

Winpak (TSE:WPK) last issued its quarterly earnings results on Thursday, July 23rd. The company reported C$0.81 earnings per share (EPS) for the quarter. Winpak had a return on equity of 10.41% and a net margin of 12.01%.The firm had revenue of C$417.85 million for the quarter. On average, equities research analysts expect that Winpak will post 3.5432473 EPS for the current fiscal year.

Winpak Company Profile

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.