Weis Markets, Inc. Announces Quarterly Dividend of $0.34 (NYSE:WMK)

Weis Markets, Inc. (NYSE:WMKGet Free Report) declared a quarterly dividend on Thursday, October 31st,RTT News reports. Investors of record on Tuesday, November 12th will be given a dividend of 0.34 per share on Tuesday, November 26th. This represents a $1.36 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend is Tuesday, November 12th.

Weis Markets has increased its dividend payment by an average of 3.1% annually over the last three years.

Weis Markets Stock Down 0.8 %

Shares of NYSE WMK opened at $74.55 on Friday. Weis Markets has a fifty-two week low of $58.87 and a fifty-two week high of $76.62. The business has a 50 day moving average price of $67.06 and a two-hundred day moving average price of $66.36. The firm has a market cap of $2.01 billion, a PE ratio of 20.94 and a beta of 0.47.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Weis Markets from a “buy” rating to a “strong-buy” rating in a research note on Thursday.

Check Out Our Latest Stock Analysis on Weis Markets

About Weis Markets

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Weis Markets, Inc engages in the retail sale of food through a chain of supermarkets 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.

See Also

Dividend History for Weis Markets (NYSE:WMK)

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