Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, Mexico, and internationally. The company operates through three segments: Flexible Packaging, Rigid Packaging and Flexible Lidding, and Packaging Machinery. The Flexible Packaging segment provides modified atmosphere packaging products for fresh and processed meats, poultry, cheese, medical device packaging, and high performance pouch applications; high-barrier films for converting applications; barrier and non-barrier films, including shrink bags for printing, laminating, and bag making applications; and biaxially oriented nylon films for food packaging and industrial applications. The Rigid Packaging and Flexible Lidding segment offers portion control and single-serve containers, as well as plastic sheet, custom, and retort trays for food, pet food, beverage, dairy, industrial, and healthcare applications; die-cut, daisy chain, and rollstock lidding products for food, dairy, beverage, industrial, and healthcare applications; and specialized printed packaging solutions for the pharmaceutical, healthcare, nutraceutical, cosmetic, and personal care markets. The Packaging Machinery segment provides horizontal fill/seal machines for preformed containers and vertical form/fill/seal pouch machines for pumpable liquid and semi-liquid, as well as various dry products. The company was incorporated in 1975 and is based in Winnipeg, Canada. Winpak Ltd. is a subsidiary of Wihuri International Oy.
Winpak Dividend Announcement
• Winpak announced a quarterly dividend of C$0.05 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-10-01
• Winpak annual dividend for 2024 was C$0.14
• Winpak annual dividend for 2023 was C$0.09
• Winpak's trailing twelve-month (TTM) dividend yield is 0.28%
• Winpak's payout ratio for the trailing twelve months (TTM) is 3.88%
• Winpak's dividend growth over the last five years (2018-2023) was -5.59% year
• Winpak's dividend growth over the last ten years (2013-2023) was -2.84% year
Winpak Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-01 | C$0.05 | quarterly | 2024-10-11 |
| 2024-07-03 | C$0.03 | quarterly | 2024-07-12 |
| 2024-04-01 | C$0.03 | quarterly | 2024-04-12 |
| 2024-01-02 | C$0.03 | quarterly | 2024-01-12 |
| 2023-09-28 | C$0.03 | quarterly | 2023-10-12 |
| 2023-06-30 | C$0.03 | quarterly | 2023-07-14 |
| 2023-03-31 | C$0.03 | quarterly | 2023-04-12 |
| 2022-12-30 | C$0.03 | quarterly | 2023-01-13 |
| 2022-09-29 | C$0.03 | quarterly | 2022-10-11 |
| 2022-06-30 | C$0.03 | quarterly | 2022-07-11 |
| 2022-03-31 | C$0.03 | quarterly | 2022-04-08 |
| 2021-12-31 | C$0.03 | quarterly | 2022-01-14 |
| 2021-09-29 | C$0.03 | quarterly | 2021-10-08 |
| 2021-06-30 | C$3.00 | quarterly | 2021-07-09 |
| 2021-03-31 | C$0.03 | quarterly | 2021-04-09 |
| 2020-12-31 | C$0.03 | quarterly | 2021-01-14 |
| 2020-10-05 | C$0.03 | quarterly | 2020-10-13 |
| 2020-06-30 | C$0.03 | quarterly | 2020-07-09 |
| 2020-03-31 | C$0.03 | quarterly | 2020-04-09 |
| 2019-12-31 | C$0.03 | quarterly | 2020-01-10 |
| 2019-09-30 | C$0.03 | quarterly | 2019-10-10 |
| 2019-06-28 | C$0.03 | quarterly | 2019-07-12 |
| 2019-03-29 | C$0.03 | quarterly | 2019-04-11 |
| 2018-12-31 | C$0.03 | quarterly | 2019-01-10 |
| 2018-09-28 | C$0.03 | quarterly | 2018-10-11 |
| 2018-06-29 | C$0.03 | quarterly | 2018-07-12 |
| 2018-04-02 | C$0.03 | quarterly | 2018-04-12 |
| 2017-12-29 | C$0.03 | quarterly | 2018-01-11 |
| 2017-09-29 | C$0.03 | quarterly | 2017-10-13 |
| 2017-06-29 | C$0.03 | quarterly | 2017-07-13 |
| 2017-03-30 | C$0.03 | quarterly | 2017-04-13 |
| 2016-12-29 | C$0.03 | quarterly | 2017-01-12 |
| 2016-09-29 | C$0.03 | quarterly | 2016-10-13 |
| 2016-06-30 | C$0.03 | quarterly | 2016-07-14 |
| 2016-03-30 | C$0.03 | quarterly | 2016-04-14 |
| 2015-12-30 | C$0.03 | quarterly | 2016-01-14 |
| 2015-09-29 | C$0.03 | quarterly | |
| 2015-09-25 | C$1.50 | quarterly | |
| 2015-06-29 | C$0.03 | quarterly | 2015-07-09 |
| 2015-03-30 | C$0.03 | quarterly | 2015-04-13 |
| 2014-12-30 | C$0.03 | quarterly | 2015-01-09 |
| 2014-09-29 | C$0.03 | quarterly | 2014-10-09 |
| 2014-06-27 | C$0.03 | quarterly | 2014-07-10 |
| 2014-03-28 | C$0.03 | quarterly | 2014-04-10 |
| 2014-03-06 | C$1.00 | quarterly | 2014-03-20 |
| 2013-12-30 | C$0.03 | quarterly | 2014-01-09 |
| 2013-09-27 | C$0.03 | quarterly | 2013-10-10 |
| 2013-06-27 | C$0.03 | quarterly | 2013-07-11 |
| 2013-03-27 | C$0.03 | quarterly | 2013-04-11 |
Winpak Dividend per year
Winpak Dividend growth
Winpak Dividend Yield
Winpak current trailing twelve-month (TTM) dividend yield is 0.28%. Interested in purchasing Winpak stock? Use our calculator to estimate your expected dividend yield:
Winpak Financial Ratios
P/E ratio15.21
PEG ratio6.18
P/B ratio1.61
ROE10.82%
Payout ratio3.88%
Current ratio8.31
Quick ratio6.35
Cash Ratio4.35
Winpak Dividend FAQ
How much is the next Winpak dividend?
Winpak's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Winpak dividend. The next Winpak dividend will be released in March, June, or September.
When is Winpak dividend paid?
Winpak pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Winpak pay?
The specific amount of Winpak dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Winpak's dividend history.
Does Winpak stock pay dividends?
Yes, Winpak does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Winpak's dividend history.
How much dividend does Winpak pay?
Winpak paid C$0.14 in 2024, C$0.09 in 2023, C$0.12 in 2022, C$3.09 in 2021, and C$0.12 in 2020.
How often does Winpak pay dividends?
Winpak typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, and September.
What is Winpak's dividend yield?
The current dividend yield for Winpak is 0.28%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Winpak's exact dividend yield.
When does Winpak go ex dividend?
Winpak's ex-dividend date for the latest dividend was on 2024-10-01. Winpak typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Winpak dividend paid?
Winpak pays dividends on a quarterly basis, typically around March, June, or September, but the exact dates can vary each year.
Will Winpak increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Winpak will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Winpak dividend per share?
Winpak paid C$0.14 per share in 2024 and C$0.09 per share in 2023. The amount of dividend per share that Winpak pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Winpak a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Winpak a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Winpak a dividend stock?
Yes, Winpak is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Winpak a good dividend stock?
Whether Winpak is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Winpak has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Winpak 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.
Other factors to consider when evaluating Winpak 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.
Does Winpak pay dividends monthly?
Winpak typically pays dividends on a quarterly basis.
Does Winpak pay dividends quarterly?
Winpak currently pays dividends on a quarterly basis.
Has Winpak ever paid a dividend?
Yes, Winpak has a history of paying dividends to its shareholders. Winpak is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Winpak dividend stocks?
To buy Winpak you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Winpak stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Winpak stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Winpak pay dividends 2024?
Winpak pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-11. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Winpak increase its dividend in 2024?
Decisions regarding Winpak dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Winpak dividend overview you can look into the above table of dividend history.
How Winpak dividend works?
The Winpak dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Winpak's dividend process works:
1. Determination of Dividend: Winpak'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, Winpak 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, Winpak 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 Winpak 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. Determination of Dividend: Winpak'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, Winpak 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, Winpak 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 Winpak 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.
How are Winpak dividends paid?
Winpak dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Winpak 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, Winpak distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Winpak 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.
1. Record Date: Winpak 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, Winpak distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Winpak 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.
How many times does Winpak pay dividends?
Winpak typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Winpak pay dividends?
The general pattern is that Winpak pays dividends around March, June, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Winpak dividend safe?
The safety of Winpak's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Winpak'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 Winpak'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.
To assess the safety of Winpak'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 Winpak'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.