Winpak Ltd. (TSE:WPK) Announces $0.05 Quarterly Dividend

Winpak Ltd. (TSE:WPK) declared a quarterly dividend on Thursday, February 27th, RTT News reports. Shareholders of record on Tuesday, April 1st will be given a dividend of 0.05 per share on Friday, April 11th. This represents a $0.20 dividend on an annualized basis and a yield of 0.46%.

Winpak Price Performance

WPK stock traded down C$0.82 during midday trading on Thursday, reaching C$43.13. The company had a trading volume of 109,055 shares, compared to its average volume of 72,461. Winpak has a 1 year low of C$38.81 and a 1 year high of C$51.16. The company has a market capitalization of C$1.89 billion, a P/E ratio of 13.00, a P/E/G ratio of 4.44 and a beta of 0.21. The firm has a 50-day moving average price of C$44.80 and a 200-day moving average price of C$46.37.

Winpak Company Profile

Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and Mexico. The company operates is Flexible Packaging, Rigid Packaging and Flexible Lidding, and Packaging Machinery segments. The Flexible Packaging segment provides modified atmosphere packaging products for fresh and processed meats, poultry, cheese, medical device packaging, high-performance pouch, and high-barrier films for converting applications; specialty films, including barrier and non-barrier films converting applications, such as printing, laminating and bag making, as well as shrink bags; and biaxially oriented nylon films for food packaging and industrial applications.