Winnebago OKs 15% Hike to Quarterly Cash Dividend – RVBusiness – Breaking RV Industry News
EDEN PRAIRIE, Minn. – Winnebago Industries Inc. (NYSE:WGO), a leading outdoor lifestyle product manufacturer, has announced that the company’s board of directors approved a quarterly cash dividend of $0.31 per share payable on Sept. 27 to common stockholders of record at the close of business on Sept. 13.
Today’s dividend declaration represents a 15% increase, or $0.04 per share, from the previous quarter.
Michael Happe
“Our team is focused on serving our customers, operating our business with discipline and creating sustainable value for our shareholders,” said Michael Happe, Winnebago Industries’ president and CEO. “This dividend increase underscores our confidence in the long-term strength and trajectory of our business. Our diverse portfolio of premium brands across the outdoor recreation industry continues to be resilient and remain a source of optimism for our future.”
With this announcement, Winnebago Industries has paid a quarterly cash dividend to common stockholders of record for the last 37 quarters and has increased the quarterly dividend in each of the last five years.
“We are responding to dynamic market conditions while maintaining our focus on quality, innovation, and service,” said Mr. Happe. “We continue to invest in our high-performing culture and focus on doing good in the communities where our customers and teammates live, work and play.”
Source: https://rvbusiness.com/winnebago-oks-15-hike-to-quarterly-cash-dividend/
