Winmark Corporation (NASDAQ:WINA) Files An 8-K Regulation FD Disclosure

ME Staff 8-k
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Winmark Corporation (NASDAQ:WINA) Files An 8-K Regulation FD Disclosure

Winmark Corporation (NASDAQ:WINA) Files An 8-K Regulation FD Disclosure
Item 7.01Regulation FD Disclosure

On October  23, 2019, Winmark Corporation (the “Company”) announced in a press release that its Board of Directors has approved the payment of a cash dividend to its shareholders.  The quarterly dividend of $0.25 per share will be paid on December 2, 2019 to shareholders of record on the close of business on November 6, 2019.  Future dividends will be subject to Board approval.  A copy of the press release is attached as Exhibit 99.1 of this Current Report on Form 8-K.

Item 8.01Other Events

On October 23, 2019,  the Company announced in a press release that its Board of Directors has approved the payment of a cash dividend to its shareholders. The quarterly dividend of $0.25 per share will be paid on December 2, 2019 to shareholders of record on the close of business on November 6, 2019.   Future dividends will be subject to Board approval.  A copy of the press release is attached as Exhibit 99.1 of this Current Report on Form 8-K.

Item 9.01Financial Statements and Exhibits

(d)Exhibits

WINMARK CORP Exhibit
EX-99.1 2 c315-20191023ex9919e513a.htm EX-99.1 Ex_991_8K_Dividend     Exhibit 99.1                 Contact:Brett D. Heffes 763/520-8500     FOR IMMEDIATE RELEASE   WINMARK CORPORATION ANNOUNCES CASH DIVIDEND   Minneapolis,…
To view the full exhibit click here

About Winmark Corporation (NASDAQ:WINA)

Winmark Corporation is a franchisor of five retail store concepts that buy, sell and trade used merchandise. The Company operates in two business segments: franchising and leasing. The franchising segment franchises retail store concepts that buy, sell, trade and consign merchandise. The leasing segment includes Winmark Capital Corporation, which is the Company’s middle-market equipment leasing business, and Wirth Business Credit, Inc., its small-ticket financing business. Its concepts also offer a limited amount of merchandise to customers. The Franchising segment consists of Plato’s Closet, Once Upon A Child, Play It Again Sports, Music Go Round and Style Encore. The Company has approximately 1,150 franchised stores across the United States and Canada. The Company’s subsidiary, Winmark Capital Corporation, is engaged in the business of providing non-cancelable leases for technology and business-essential assets to both larger organizations and smaller companies.