Winmark Corporation has recently announced a quarterly cash dividend of $0.96 per share, with the ex-dividend date set for Aug 13, 2025. The announcement was made on Jul 15, 2025, and the dividend will be distributed on Sep 2, 2025. This dividend represents a notable increase compared to the average of the last ten dividends, which was approximately $0.839. The previous dividend, paid on Jun 2, 2025, was also $0.96 per share. The consistent dividend type remains cash distribution.
Over the past week,
has been actively engaged in various significant developments. Recently, it was reported that Jenele C. Grassle announced her decision not to stand for re-election to the board, a move that could influence the governance structure of the company. In response,
has appointed Keith Credendino to the board and audit committee, expanding the number of directors from seven to eight. Analysts suggest that this appointment is aimed at enhancing Winmark's technology offerings and improving strategic oversight.
In addition, a financial group has recently increased its stake in Winmark, acquiring 1,834 shares. This development underscores investor confidence in the company's performance and prospects. Furthermore, Winmark's second-quarter revenue growth of 54% year-over-year to $19.03 million has been highlighted, reflecting strong operational results. Analysts have indicated that the cost of merchandise sold during this period was also noteworthy, contributing to the overall financial health and stability of Winmark.
In conclusion, Winmark Corporation continues to make strides in its operations and governance. Investors should be aware that the ex-dividend date of Aug 13, 2025, marks the last opportunity to purchase shares and qualify for the current dividend. Any acquisitions made after this date will not be eligible for the dividend distribution this time around.
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