News Column

Winmark Corporation Announces Cash Dividend

January 29, 2014

MINNEAPOLIS --(BUSINESS WIRE)-- Winmark Corporation (Nasdaq: WINA) announced today that its Board of Directors has approved the payment of a cash dividend to shareholders. The quarterly dividend of $0.05 per share will be paid March 3, 2014 to shareholders of record on the close of business on February 12, 2014 . Future dividends will be subject to Board approval. Winmark Corporation creates, supports and finances business. At December 28, 2013 , there were 1,005 franchises in operation under the brands Plato's Closet®, Once Upon A Child®, Play It Again Sports®, Music Go Round® and Style Encore®. An additional 112 retail franchises have been awarded but are not open. In addition, at September 28, 2013 , the Company had a lease portfolio of $36.7 million . Winmark Corporation John L. Morgan , 763-520-8500 Source: Winmark Corporation

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Business Wire

Story Tools