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

Winpak Ltd. (TSE:WPK) announced a quarterly dividend on Thursday, October 1st. Investors of record on Friday, October 9th will be paid 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 of this dividend is Thursday, October 1st.

Winpak Trading Down 0.8%

WPK traded down C$0.37 on Tuesday, hitting C$43.44. The company had a trading volume of 97,904 shares, compared to its average volume of 75,103. The company’s fifty day moving average price is C$44.10 and its 200 day moving average price is C$43.18. Winpak has a 1 year low of C$38.95 and a 1 year high of C$52.24. The firm has a market cap of C$2.55 billion, a P/E ratio of 18.89, a PEG ratio of 4.44 and a beta of 0.46.

Winpak (TSE:WPK) last announced its earnings results on Thursday, July 23rd. The company reported C$0.81 earnings per share 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. On average, analysts predict that Winpak will post 3.5432473 earnings per share 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.