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Winmark Corporation Announces Increase in Cash Dividend
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dividends
Rhea-AI Summary
Winmark (Nasdaq: WINA) has announced an increase in its regular quarterly cash dividend to shareholders. The dividend of $0.90 per share is a $0.10 increase from the previous rate. The cash dividend will be paid on June 3, 2024, to shareholders of record on May 15, 2024. Winmark is a franchising business with a focus on sustainability and small business formation, operating award-winning resale franchises like Plato’s Closet, Once Upon A Child, and others.
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MINNEAPOLIS--(BUSINESS WIRE)--
Winmark Corporation (Nasdaq: WINA) announced today that its Board of Directors has approved an increase in its regular quarterly cash dividend to shareholders. The quarterly dividend of $0.90 per share represents an increase of $0.10 from its previous dividend rate. The cash dividend will be paid June 3, 2024 to shareholders of record on the close of business on May 15, 2024. Future dividends will be subject to Board approval.
Winmark — the Resale Company®, is a nationally recognized franchising business focused on sustainability and small business formation. We champion and guide entrepreneurs interested in operating one of our award winning resale franchises: Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore® and Music Go Round®. At March 30, 2024, there were 1,327 franchises in operation and over 2,800 available territories. An additional 73 franchises have been awarded but are not open.
winmark corporation is a nationally renowned leader in franchise-owned and operated business opportunities. in fact, we are the franchisor of 1,184 value-oriented retail stores in north america. our award-winning family of brands, including once upon a child®, plato’s closet®, play it again sports®, music go round® and style encore®, bring unique franchise opportunities to small business entrepreneurs. a leader in the resale industry, winmark brands recycle millions of items back into their respective communities! winmark is the parent company of winmark franchise partners, a franchise consulting company that partners with emerging franchisors and entrepreneurs who can benefit from winmark's experience in establishing, growing, and managing successful franchised businesses. we offer traditional consulting services, strategic investment opportunities and potential acquisition opportunities for franchisors. winmark is the parent company of winmark capital corporation, offering technology
