Winmark Corp., the parent of Play It Again Sports, announced that its board of directors has approved an increase in its regular quarterly cash dividend to shareholders. The quarterly dividend of 25 cents per share will be paid September 3, 2019 to shareholders of record on the close of business on August 7, 2019. Future dividends will be subject to board approval.

At June 29, 2019, Winmark had 1,249 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 43 retail franchises have been awarded but are not open.