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

Weis Markets, Inc. (NYSE:WMK) declared a quarterly dividend on Thursday, October 31st, RTT News reports. Shareholders 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 dividend on an annualized basis and a yield of 2.16%.

Weis Markets has raised its dividend payment by an average of 3.1% per year over the last three years and has increased its dividend every year for the last 3 years.

Weis Markets Stock Performance

Shares of NYSE:WMK opened at $62.89 on Friday. The company’s fifty day moving average is $66.73 and its two-hundred day moving average is $66.07. Weis Markets has a 1-year low of $58.87 and a 1-year high of $76.62. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 18.18 and a beta of 0.46.

Weis Markets (NYSE:WMK) last issued its earnings results on Tuesday, August 6th. The company reported $0.98 earnings per share (EPS) for the quarter. The firm had revenue of $1.18 billion for the quarter. Weis Markets had a net margin of 1.97% and a return on equity of 6.74%.

About Weis Markets

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.