Packaging company Winpak to pay special one time dividend of $3 per share

Packaging company Winpak Ltd. says its board of directors has declared a special one-time payment to shareholders.

The company says it will pay a one-time dividend of $3 per share.

Winpak manufactures and distributes packaging materials and related packaging machines.

Its products are used primarily for perishable foods, drinks and in health-care applications.

The special dividend will be paid July 9 to shareholders of record as of July 2.

The payment to shareholders is in addition to Winpak’s regular quarterly dividend of three cents per share.