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Winmark Corporation Announces Special Dividend of $5.00/Share

Winmark Corporation (Nasdaq: WINA) announced today that its Board of Directors has approved the payment of a quarterly cash dividend to shareholders. The quarterly dividend of $0.03 per share will be paid on March 1, 2012 to shareholders of record on the close of business on February 8, 2012. Additionally, the Board of Directors has approved the payment of a special dividend to shareholders. The special dividend of $5.00 per share will be paid on March 1, 2012 to shareholders of record on the close of business on February 8, 2012. The total amount of the special dividend payment will be approximately $25.0 million based on the current number of shares outstanding. Future dividends will be subject to Board approval.

Posted-In: News Dividends

 

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