Camping World Declares Quarterly Dividend

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02/26/2021 - 04:41 PM

Camping World Holdings, Inc. (NYSE: CWH) (the “Company,” “Camping World,” “we,” “us” or “our”), announced today that its Board of Directors declared a cash dividend of $0.23 per share on the Company’s Class A Common Stock. Payment is expected to be made on March 29, 2021, to stockholders of record at the close of business on March 15, 2021.

The CWH Class A common stock cash dividend is comprised of a regular quarterly cash dividend of $0.09 per share funded by a $0.09 per common unit cash distribution by CWGS Enterprises, LLC to all holders of its common units, and a $0.14 per share regular quarterly cash dividend, which has historically been referred to as a special quarterly dividend, representing a portion of excess tax distributions from CWGS Enterprises, LLC to holders of its common units.

Future declarations of quarterly dividends are subject to the determination and discretion of Camping World’s Board of Directors based on its consideration of various factors, including the Company’s results of operations, financial condition, level of indebtedness, anticipated capital requirements, contractual restrictions, restrictions in its debt agreements, restrictions under applicable law, receipt of excess tax distributions from CWGS Enterprises, LLC, its business prospects and other factors that Camping World’s Board of Directors may deem relevant.

About Camping World Holdings, Inc.

Camping World Holdings, Inc. (together with its subsidiaries) is America’s largest retailer of RVs and related products and services. Our vision is to build a long-term legacy business that makes RVing fun and easy, and our Camping World and Good Sam brands have been serving RV consumers since 1966. We strive to build long-term value for our customers, employees, and shareholders by combining a unique and comprehensive assortment of RV products and services with a national network of RV dealerships, service centers and customer support centers along with the industry’s most extensive online presence and a highly-trained and knowledgeable team of associates serving our customers, the RV lifestyle, and the communities in which we operate. We also believe that our Good Sam organization and family of programs and services uniquely enables us to connect with our customers as stewards of the RV enthusiast community and the RV lifestyle.

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