01:20 PM EST, 12/12/2024 (MT Newswires) -- Winpak ( WIPKF ) Thursday declared a dividend of $0.05s per share, payable on Jan. 10 to shareholders of record on Jan. 2, 2025.

The company also declared a special one-time dividend of $3.00 per share.

The Board of Directors is targeting a payout ratio of approximately 10% of earnings attributable to sharholder within the next five years.

Winpak ( WIPKF ) manufactures and distributes packaging materials and related packaging machines.

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