Winnebago Industries Board of Directors Approves 15% increase to Quarterly Cash Dividend
August 16 2023 - 4:15PM
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 $0.31 per
share payable on September 27, 2023, to common stockholders of
record at the close of business on September 13, 2023. Today’s
dividend declaration represents a 15 percent increase, or $0.04 per
share, from the previous quarter.
“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 Chief Executive Officer. “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.”
About Winnebago Industries
Winnebago 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 http://investor.wgo.net.
ContactsInvestors: Ray Posadas ir@winnebagoind.comMedia: Daniel
Sullivan media@winnebagoind.com
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