Weis Markets, Inc. (WMK) to Issue $0.30 Quarterly Dividend
Weis Markets, Inc. (NYSE:WMK) declared a quarterly dividend on Friday, July 20th, Wall Street Journal reports. Investors of record on Monday, July 30th will be given a dividend of 0.30 per share on Monday, August 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date is Friday, July 27th.
Weis Markets stock opened at $52.63 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.77 and a quick ratio of 0.74. Weis Markets has a 12-month low of $31.26 and a 12-month high of $57.82. The stock has a market capitalization of $1.41 billion, a P/E ratio of 26.40 and a beta of 0.66.
Weis Markets (NYSE:WMK) last released its quarterly earnings results on Monday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter. Weis Markets had a return on equity of 5.52% and a net margin of 2.94%. The business had revenue of $876.11 million during the quarter.
About Weis Markets
Weis Markets, Inc engages in the retail sale of food in Pennsylvania and surrounding states. The company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products.
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