Winpak's Board of Directors Announces Fourth Quarter 2024 Dividend
December 12 2024 - 1:00PM
PR Newswire (Canada)
WINNIPEG, MB, Dec. 12,
2024 /CNW/ - Winpak Ltd. (TSX: WPK) announces that at
a meeting on December 12, 2024, the
Company's Board of Directors declared a dividend of five cents
(5 cents, Canadian currency) per
share. The dividend is payable on January
10, 2025, to shareholders of record
at the close of business on January
2, 2025.
The Board of Directors is committed to sustainable growth in the
quarterly dividend, targeting the achievement of a payout ratio of
approximately 10 percent of net earnings attributable to equity
holders of the Company within the next five years.
Winpak Ltd. manufactures and distributes high-quality packaging
materials and related packaging machines. The Company's products
are used primarily for the protection of perishable foods and
beverages, and in healthcare applications.
SOURCE Winpak Ltd.
Copyright 2024 Canada NewsWire
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