Weis Markets, Inc. Announces Quarterly Dividend of $0.34 (NYSE:WMK)

Weis Markets, Inc. (NYSE:WMK) declared a quarterly dividend on Thursday, July 16th. Investors of record on Monday, July 27th will be paid a dividend of 0.34 per share on Monday, August 10th. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Monday, July 27th.

Weis Markets has raised its dividend payment by an average of 0.0%annually over the last three years.

Weis Markets Stock Up 2.5%

Shares of NYSE:WMK opened at $79.49 on Friday. The business’s 50 day moving average is $76.48 and its 200 day moving average is $71.50. The stock has a market cap of $1.97 billion, a P/E ratio of 19.29 and a beta of 0.45. Weis Markets has a 52-week low of $59.99 and a 52-week high of $83.74.

Weis Markets (NYSE:WMK) last issued its earnings results on Wednesday, May 6th. The company reported $1.13 earnings per share for the quarter. Weis Markets had a return on equity of 7.75% and a net margin of 2.09%.The business had revenue of $1.26 billion during the quarter.

Weis Markets Company Profile

Weis Markets, Inc (NYSE: WMK) is a regional supermarket chain headquartered in Sunbury, Pennsylvania, operating more than 200 stores across the Mid-Atlantic and Eastern Seaboard. Founded in 1912 by Harry and Sigmund Weis as a small produce and egg business, the company has grown into a full-service grocer serving Pennsylvania, Maryland, New York, New Jersey, Delaware, Virginia, West Virginia and Ohio. Weis Markets offers a broad selection of products including fresh produce, bakery, deli, dairy, meat and seafood, alongside grocery, general merchandise and prepared foods.

In addition to traditional grocery offerings, Weis Markets provides pharmacy services in many of its locations, as well as in-store fuel centers at select sites.