Winnebago Industries Board of Directors Approves 10% Increase to Quarterly Cash Dividend
15 Agosto 2024 - 6:30PM
Winnebago Industries, Inc. (NYSE:WGO), a leading outdoor lifestyle
product manufacturer, today announced that the company’s Board of
Directors approved a quarterly cash dividend of $0.34 per
share payable on September 25, 2024, to common stockholders of
record at the close of business on September 11, 2024. Today’s
dividend declaration represents a 10 percent increase, or $0.03 per
share, from the previous quarter.
“Increasing the quarterly dividend in the current economic
environment demonstrates the Board’s confidence in our future, our
commitment to driving shareholder value and the resilience of the
outdoor recreation industry,” said Michael Happe, Winnebago
Industries’ president and chief executive officer. “Our healthy
balance sheet and strong cash flows allow us to invest in
profitable growth while maintaining a balanced approach to capital
allocation that consistently benefits our shareholders.”
With this announcement, Winnebago Industries has paid
a quarterly cash dividend to common stockholders of record for 41
consecutive quarters.
“We remain committed to building a high-performing culture that
delivers on our purpose to elevate every moment outdoors for our
customers,” said Happe.
About Winnebago IndustriesWinnebago Industries,
Inc. is a leading North American manufacturer of outdoor lifestyle
products under the Winnebago, Grand Design, Chris-Craft, Newmar and
Barletta brands, which are used primarily in leisure travel and
outdoor recreation activities. The Company builds high-quality
motorhomes, travel trailers, fifth-wheel products, outboard and
sterndrive powerboats, pontoons, and commercial community outreach
vehicles. Committed to advancing sustainable innovation and
leveraging vertical integration in key component areas, Winnebago
Industries has multiple facilities in Iowa, Indiana, Minnesota and
Florida. The Company’s common stock is listed on the New York Stock
Exchange and traded under the symbol WGO. For access to Winnebago
Industries' investor relations material or to add your name to an
automatic email list for Company news releases,
visit www.winnebagoind.com/investors.
Contacts
Investors: Ray Posadas ir@winnebagoind.com
Media: Daniel Sullivan media@winnebagoind.com
Winnebago Industries (NYSE:WGO)
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