Winmark Corporation, together with its subsidiaries, operates as a franchisor of retail store concepts that buy, sell, trade, and consign used merchandise primarily in the United States and Canada. The company operates through two segments, Franchising and Leasing. Its franchises retail stores operate under the Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round brand names. The company's Plato's Closet brand stores buys and sells used clothing and accessories for the teenage and young adult market; and Once Upon A Child brand stores buys and sells used and new children's clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years. Its Play It Again Sports brand stores buys, sells, trades in, and used and new sporting goods, equipment, and accessories for various athletic activities, such as team sports, fitness, ski/snowboard, golf, and others; Style Encore brand stores buys and sells used women's apparel, shoes, and accessories; and Music Go Round brand stores buys, sells, trades in, and used and new musical instruments, speakers, amplifiers, music-related electronics, and related accessories. In addition, the company is also involved in the middle-market equipment leasing business focusing on technology and business-essential equipment. As of February 23, 2022, it had 1,271 franchised stores, as well as offers its products online at musicgoround.com, playitagainsports.com, and style-encore.com. Winmark Corporation was incorporated in 1988 and is headquartered in Minneapolis, Minnesota.
Winmark Dividend Announcement
• Winmark announced a quarterly dividend of $8.40 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-13
• Winmark annual dividend for 2024 was $11.00
• Winmark annual dividend for 2023 was $12.50
• Winmark's trailing twelve-month (TTM) dividend yield is 3.28%
• Winmark's payout ratio for the trailing twelve months (TTM) is 111.75%
• Winmark's dividend growth over the last five years (2018-2023) was 86.10% year
• Winmark's dividend growth over the last ten years (2013-2023) was 51.99% year
Winmark Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-13 | $8.40 | quarterly | 2024-12-02 |
2024-08-14 | $0.90 | quarterly | 2024-09-03 |
2024-05-14 | $0.90 | quarterly | 2024-06-03 |
2024-02-13 | $0.80 | quarterly | 2024-03-01 |
2023-11-14 | $10.20 | quarterly | 2023-12-01 |
2023-08-15 | $0.80 | quarterly | 2023-09-01 |
2023-05-16 | $0.80 | quarterly | 2023-06-01 |
2023-02-07 | $0.70 | quarterly | 2023-03-01 |
2022-11-08 | $3.70 | quarterly | 2022-12-01 |
2022-08-09 | $0.70 | quarterly | 2022-09-01 |
2022-05-10 | $0.70 | quarterly | 2022-06-01 |
2022-02-08 | $0.45 | quarterly | 2022-03-01 |
2021-11-09 | $7.95 | quarterly | 2021-12-01 |
2021-08-10 | $0.45 | quarterly | 2021-09-01 |
2021-05-11 | $0.45 | quarterly | 2021-06-01 |
2021-02-09 | $0.25 | quarterly | 2021-03-01 |
2020-11-09 | $3.00 | quarterly | 2020-12-01 |
2020-08-11 | $0.25 | quarterly | 2020-09-01 |
2020-05-12 | $0.05 | quarterly | 2020-06-01 |
2020-02-11 | $0.25 | quarterly | 2020-03-02 |
2019-11-05 | $0.25 | quarterly | 2019-12-02 |
2019-08-06 | $0.25 | quarterly | 2019-09-03 |
2019-05-07 | $0.25 | quarterly | 2019-06-03 |
2019-02-05 | $0.15 | quarterly | 2019-03-01 |
2018-11-06 | $0.15 | quarterly | 2018-12-03 |
2018-08-07 | $0.15 | quarterly | 2018-09-04 |
2018-05-08 | $0.15 | quarterly | 2018-06-01 |
2018-02-06 | $0.11 | quarterly | 2018-03-01 |
2017-11-07 | $0.11 | quarterly | 2017-12-01 |
2017-08-07 | $0.11 | quarterly | 2017-09-01 |
2017-05-08 | $0.11 | quarterly | 2017-06-01 |
2017-02-06 | $0.10 | quarterly | 2017-03-01 |
2016-11-07 | $0.10 | quarterly | 2016-12-01 |
2016-08-08 | $0.10 | quarterly | 2016-09-01 |
2016-05-09 | $0.10 | quarterly | 2016-06-01 |
2016-02-08 | $0.07 | quarterly | 2016-03-01 |
2015-11-06 | $0.07 | quarterly | 2015-12-01 |
2015-08-10 | $0.07 | quarterly | 2015-09-01 |
2015-05-11 | $0.07 | quarterly | 2015-06-01 |
2015-02-09 | $0.06 | quarterly | 2015-03-02 |
2014-11-07 | $0.06 | quarterly | 2014-12-01 |
2014-08-11 | $0.06 | quarterly | 2014-09-02 |
2014-05-12 | $0.06 | quarterly | 2014-06-02 |
2014-02-12 | $5.00 | quarterly | 2014-03-03 |
2014-02-10 | $0.05 | quarterly | |
2013-11-04 | $0.05 | quarterly | 2013-12-02 |
2013-08-05 | $0.05 | quarterly | 2013-09-03 |
2013-05-06 | $0.05 | quarterly | 2013-06-03 |
2013-02-04 | $0.04 | quarterly | 2013-03-01 |
Winmark Dividend per year
Winmark Dividend growth
Winmark Dividend Yield
Winmark current trailing twelve-month (TTM) dividend yield is 3.28%. Interested in purchasing Winmark stock? Use our calculator to estimate your expected dividend yield:
Winmark Financial Ratios
Winmark Dividend FAQ
Other factors to consider when evaluating Winmark as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Winmark's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Winmark publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Winmark distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Winmark are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Winmark sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Winmark distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Winmark declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Winmark's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Winmark's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.