Weis Markets's latest quarterly dividend of $0.34 per share was on Feb 10, 2023 (ex-date). At an annualized rate of $1.32 per share, the stock yields 1.57%.
WMK has a dividend yield of 1.57% which is below the Consumer Defensive sector, the industry and its peers average. In comparison with its Consumer Defensive sector average of 2.3%, Weis Markets's dividend yield is 32% lower. The current dividend yield is lower than the historical average of 2.4% of the last 5 years.
Weis Markets has a history of paying dividends since 1996. Our records of WMK show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 4.8% since twelve months ago. However with the price of the stock up by 14% from a year ago, the dividend yield has a decrease of 8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 10, 2023 | Feb 27, 2023 | Feb 2, 2023 | $0.34 | normal |
| Nov 4, 2022 | Nov 21, 2022 | Oct 27, 2022 | $0.34 | normal |
| Jul 22, 2022 | Aug 8, 2022 | Jul 14, 2022 | $0.32 | normal |
| May 6, 2022 | May 23, 2022 | Apr 28, 2022 | $0.32 | normal |
| Feb 11, 2022 | Feb 28, 2022 | Feb 2, 2022 | $0.32 | normal |
| Nov 5, 2021 | Nov 22, 2021 | Oct 28, 2021 | $0.32 | normal |
| Jul 23, 2021 | Aug 9, 2021 | Jul 15, 2021 | $0.31 | normal |
| May 7, 2021 | May 24, 2021 | Apr 29, 2021 | $0.31 | normal |
| Feb 12, 2021 | Mar 2, 2021 | Feb 4, 2021 | $0.31 | normal |
| Nov 6, 2020 | Nov 23, 2020 | Oct 29, 2020 | $0.31 | normal |
| Jul 24, 2020 | Aug 10, 2020 | Jul 16, 2020 | $0.31 | normal |
| May 8, 2020 | May 26, 2020 | Apr 30, 2020 | $0.31 | normal |
| Feb 14, 2020 | Mar 3, 2020 | Feb 6, 2020 | $0.31 | normal |
| Nov 7, 2019 | Nov 25, 2019 | Oct 31, 2019 | $0.31 | normal |
| Jul 26, 2019 | Aug 12, 2019 | Jul 18, 2019 | $0.31 | normal |
| May 3, 2019 | May 20, 2019 | Apr 25, 2019 | $0.31 | normal |
| Feb 15, 2019 | Mar 5, 2019 | Feb 7, 2019 | $0.31 | normal |
| Nov 8, 2018 | Nov 26, 2018 | Oct 30, 2018 | $0.31 | normal |
| Jul 27, 2018 | Aug 13, 2018 | Jul 19, 2018 | $0.3 | normal |
| May 4, 2018 | May 21, 2018 | Apr 26, 2018 | $0.3 | normal |
| Feb 9, 2018 | Feb 26, 2018 | Feb 1, 2018 | $0.3 | normal |
| Nov 3, 2017 | Nov 20, 2017 | Oct 26, 2017 | $0.3 | normal |
| Jul 27, 2017 | Aug 14, 2017 | Jul 20, 2017 | $0.3 | normal |
| May 4, 2017 | May 22, 2017 | Apr 27, 2017 | $0.3 | normal |
| Feb 9, 2017 | Feb 27, 2017 | Feb 2, 2017 | $0.3 | normal |
| Oct 27, 2016 | Nov 14, 2016 | Oct 20, 2016 | $0.3 | normal |
| Jul 14, 2016 | Aug 1, 2016 | Jul 7, 2016 | $0.3 | normal |
WMK has a payout ratio of 28.4% which is higher than the industry average but lower than the Consumer Defensive sector and its peers average. If we compare it with the Consumer Defensive sector average of 54.5%, Weis Markets's payout ratio is 48% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| VLGEA Village Super Market Inc | 4.36% | $1 | 39.7% |
| SPTN SpartanNash Co | 3.42% | $0.85 | 86.2% |
| KR Kroger Co | 2.02% | $0.99 | 31.9% |
| WMK Weis Markets Inc | 1.57% | $1.32 | 28.4% |
| IMKTA Ingles Markets Inc | 0.75% | $0.66 | 4.4% |
Yes, Weis Markets has been paying dividends for the last 27 years.
WMK hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in May 2023.
Weis Markets's last regular dividend was on Feb 10, 2023 (ex-date) with the amount of $0.34 per share.
WMK has paid dividend of $1.32 per share in the last year.
Currently Weis Markets's dividend yield is 1.57%.
Weis Markets pays four dividends per year.
The dividend payout ratio of Weis Markets is 28.4%.
Weis Markets's dividend yield is lower than the Consumer Defensive sector average.