Robinhood shares gain on Q2 beat, as user and crypto growth accelerate
MINNEAPOLIS - Winmark Corporation (NASDAQ:WINA), a franchising company known for its resale brands, has increased its quarterly cash dividend to $0.96 per share, up $0.06 from the prior rate. The new dividend is scheduled to be paid on June 2, 2025, to shareholders on record as of May 14, 2025. With this increase, the company’s dividend yield stands at 3.68%, reflecting its 16-year track record of consistent dividend payments. According to InvestingPro analysis, this commitment to shareholder returns is supported by strong financial metrics, with 8 additional key insights available to subscribers. The announcement made today confirms that future dividends will continue to be determined by the company’s Board of Directors.
Winmark, also recognized as the Resale Company®, operates through a franchise model, promoting sustainability and supporting entrepreneurs in opening resale stores. The company’s portfolio includes several resale franchises such as Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore®, and Music Go Round®. The company maintains an impressive 95.8% gross profit margin, demonstrating the efficiency of its franchise-based business model. As of March 29, 2025, Winmark oversees 1,363 active franchises with an additional 79 awarded franchises that are yet to open, indicating growth in their franchising business.
The dividend increase reflects Winmark’s financial health and its commitment to providing value to its shareholders. It is also a signal of confidence in the company’s ongoing performance and its ability to generate sufficient cash flow. Shareholders looking forward to the June 2 payout must be on the company’s books by the close of business on May 14.
This financial move by Winmark is based on a press release statement and is part of the company’s regular review of its capital allocation strategy. As with all dividends, the payments are subject to approval by the company’s Board and are not guaranteed in the future.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.