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Winpak Ltd. Announces Quarterly Dividend Growth Plan

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Winpak Ltd. Announces Quarterly Dividend Growth Plan

Winpak Limited (TSE:WPK) has released an update.

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Winpak Ltd. has declared a quarterly dividend of five cents per share, payable on October 11, 2024, to shareholders who are on record by October 1, 2024. The company’s Board of Directors aims to reach a payout ratio of 10% of net earnings to equity holders within the next five years, indicating a strategy for sustained dividend growth.

For further insights into TSE:WPK stock, check out TipRanks’ Stock Analysis page.

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