MINNEAPOLIS–(BUSINESS WIRE)–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 $0.10 per share will be paid
March 1, 2017 to shareholders of record on the close of business on
February 8, 2017. Future dividends will be subject to Board approval.
Winmark Corporation creates, supports and finances business. At December
31, 2016, there were 1,186 franchises in operation under the brands
Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Style
Encore® and Music Go Round®. An additional 74 retail franchises have
been awarded but are not open. In addition, at September 24, 2016, the
Company had a lease portfolio equal to $37.3 million.
Brett D. Heffes, 763-520-8500