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Press release content from Business Wire. The AP news staff was not involved in its creation.

Winmark Corporation Announces Cash Dividend

October 23, 2019 GMT

MINNEAPOLIS--(BUSINESS WIRE)--Oct 23, 2019--

Winmark Corporation (Nasdaq: WINA) announced today that its Board of Directors has approved the payment of a quarterly cash dividend to shareholders. The quarterly dividend of $0.25 per share will be paid December 2, 2019 to shareholders of record on the close of business on November 6, 2019. Future dividends will be subject to Board approval.

Winmark Corporation creates, supports and finances business. At September 28, 2019, there were 1,255 franchises in operation under the brands Plato’s Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore® and Music Go Round®. An additional 40 retail franchises have been awarded but are not open. In addition, at September 28, 2019, the Company had a lease portfolio of $30.0 million.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191023005476/en/

CONTACT: Brett D. Heffes

763/520-8500

KEYWORD: MINNESOTA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: RETAIL SPECIALTY FASHION

SOURCE: Winmark Corporation

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PUB: 10/23/2019 09:20 AM/DISC: 10/23/2019 09:20 AM

http://www.businesswire.com/news/home/20191023005476/en