Winpak Ltd. (TSE:WPK) Shareholders Set to Receive $0.05 Quarterly Dividend

Winpak Ltd. (TSE:WPK) declared a quarterly dividend on Thursday, October 1st. Shareholders 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 Trading Down 0.8%

WPK stock traded down C$0.37 during midday trading on Tuesday, reaching C$43.44. The stock had a trading volume of 97,904 shares, compared to its average volume of 75,103. The company’s fifty day simple moving average is C$44.10 and its 200 day simple moving average is C$43.18. The company has a market cap of C$2.55 billion, a price-to-earnings ratio of 18.89, a price-to-earnings-growth ratio of 4.44 and a beta of 0.46. Winpak has a 52-week low of C$38.95 and a 52-week high of C$52.24.

Winpak (TSE:WPK) last announced its quarterly earnings data on Thursday, July 23rd. The company reported C$0.81 earnings per share (EPS) for the quarter. Winpak had a net margin of 12.01% and a return on equity of 10.41%. The company had revenue of C$417.85 million during the quarter. Sell-side analysts predict that Winpak will post 3.5432473 EPS for the current year.

About Winpak

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.