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Winmark Corp’s stock reached a 52-week high, with shares trading at $437.92 USD, reflecting a period of robust performance for the resale company. The company maintains a "GREAT" financial health rating according to InvestingPro analysis, with an impressive gross profit margin of 96% and a strong current ratio of 2.66x. Over the past year, Winmark’s stock has demonstrated significant growth, with a total return of 27.17% over the past year. This milestone highlights the company’s successful strategy and market confidence, supported by its consistent dividend payments for 16 consecutive years and current dividend yield of 2.85%. Based on InvestingPro Fair Value analysis, the stock appears to be trading above its intrinsic value, with 12 additional ProTips available for subscribers.
In other recent news, Winmark Corporation has made several significant announcements affecting its financial and governance strategies. The company increased its quarterly cash dividend to $0.96 per share, an uptick of $0.06 from the previous rate, with the payout scheduled for June 2, 2025, to shareholders recorded by May 14, 2025. This increase is seen as a reflection of Winmark’s financial stability and commitment to shareholder value. Additionally, at its Annual Shareholders meeting, Winmark set its board of directors at seven members and re-elected all nominees, with Brett D. Heffes receiving the highest number of votes. Shareholders also approved an advisory vote on executive compensation and ratified Grant Thornton, LLP as the independent registered public accounting firm for the fiscal year 2025. The company’s board decided to hold annual advisory votes on executive compensation moving forward. These developments highlight Winmark’s ongoing efforts to align with shareholder interests and maintain robust corporate governance.
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