Winmark to Pay Special Dividend of $7.50 to Shareholders

Dow Jones10-16

By Adam L. Cataldo

Winmark's board of directors has approved the payment of a special dividend of $7.50 to its shareholders.

The Minneapolis-based company said Wednesday that the special dividend will total about $26.4 million based on the current number of shares outstanding. Cash on hand is expected to be used to finance the payment.

The special dividend will be paid on Dec. 2 to shareholders of record on Nov. 13.

The company also said a quarterly dividend of 90 cents per share will be paid on Dec. 2 to shareholders of record on Nov. 13.

Winmark is a franchising company that works with those interested in operating one of its businesses, including Plato's Closet and Play It Again Sports.

Write to Adam Cataldo at adam.cataldo@wsj.com.

(END) Dow Jones Newswires

October 16, 2024 11:50 ET (15:50 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2475194881?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-16 23:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2475194881","market":"sg","top_or_hot":-1,"title":"Winmark to Pay Special Dividend of $7.50 to Shareholders","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Adam L. Cataldo \n</p>\n<pre>\n \n</pre>\n<p>\n  Winmark's board of directors has approved the payment of a special dividend of $7.50 to its shareholders. \n</p>\n<p>\n  The Minneapolis-based company said Wednesday that the special dividend will total about $26.4 million based on the current number of shares outstanding. Cash on hand is expected to be used to finance the payment. \n</p>\n<p>\n  The special dividend will be paid on Dec. 2 to shareholders of record on Nov. 13. \n</p>\n<p>\n  The company also said a quarterly dividend of 90 cents per share will be paid on Dec. 2 to shareholders of record on Nov. 13. \n</p>\n<p>\n  Winmark is a franchising company that works with those interested in operating one of its businesses, including Plato's Closet and Play It Again Sports. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adam Cataldo at adam.cataldo@wsj.com. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 16, 2024 11:50 ET (15:50 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Winmark to Pay Special Dividend of $7.50 to Shareholders</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWinmark to Pay Special Dividend of $7.50 to Shareholders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-16 23:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Adam L. Cataldo \n\n\n \n\n\n  Winmark's board of directors has approved the payment of a special dividend of $7.50 to its shareholders. \n\n\n  The Minneapolis-based company said Wednesday that the special...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WINA","symbol_name":"威玛克工贸有限公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2475194881","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2475194881","pubTimestamp":1729093800,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Winmark's board of directors has approved the payment of a special dividend of $7.50 to its shareholders.The Minneapolis-based company said Wednesday that the special dividend will total about $26.4 million based on the current number of shares outstanding. Cash on hand is expected to be used to finance the payment.The special dividend will be paid on Dec. 2 to shareholders of record on Nov. 13.The company also said a quarterly dividend of 90 cents per share will be paid on Dec. 2 to shareholders of record on Nov. 13.Winmark is a franchising company that works with those interested in operating one of its businesses, including Plato's Closet and Play It Again Sports.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WINA":"威玛克工贸有限公司","BK4200":"专卖店"},"translate_title":"Winmark将向股东支付7.50美元的特别股息","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WINA":1},"content_text":"By Adam L. Cataldo \n\n\n \n\n\n  Winmark's board of directors has approved the payment of a special dividend of $7.50 to its shareholders. \n\n\n  The Minneapolis-based company said Wednesday that the special dividend will total about $26.4 million based on the current number of shares outstanding. Cash on hand is expected to be used to finance the payment. \n\n\n  The special dividend will be paid on Dec. 2 to shareholders of record on Nov. 13. \n\n\n  The company also said a quarterly dividend of 90 cents per share will be paid on Dec. 2 to shareholders of record on Nov. 13. \n\n\n  Winmark is a franchising company that works with those interested in operating one of its businesses, including Plato's Closet and Play It Again Sports. \n\n\n \n\n\n  Write to Adam Cataldo at adam.cataldo@wsj.com. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 16, 2024 11:50 ET (15:50 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2475194881"}