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Winnebago Industries Board of Directors Approves Quarterly Cash Dividend

Winnebago Industries (WGO) announced a quarterly cash dividend of $0.18 per share on March 16, 2022, payable on April 27, 2022.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Winnebago Industries (WGO) announced a quarterly cash dividend of $0.18 per share on March 16, 2022, payable on April 27, 2022. Shareholders on record as of April 13, 2022 will qualify for the payment. This move marks the continuation of dividends for the last 31 quarters. Winnebago Industries is known for manufacturing outdoor lifestyle products across multiple brands including Winnebago and Chris-Craft, with facilities in Iowa, Indiana, Minnesota, and Florida.

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Positive

  • Continued dividend payment of $0.18 reflects company profitability and commitment to returning value to shareholders.
  • The company has a strong history of dividend payments, having consistently paid for the last 31 quarters.

Negative

  • None.
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News Market Reaction – WGO

The recorded move for WGO in the trading session of this news was -1.20%.

Data tracked by StockTitan Argus. Session date unavailable.

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EDEN PRAIRIE, Minn., March 16, 2022 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE:WGO), a leading outdoor lifestyle product manufacturer, today announced that on March 16, 2022, the Company’s Board of Directors approved a quarterly cash dividend of $0.18 per share payable on April 27, 2022, to common stockholders of record at the close of business on April 13, 2022.

With this announcement, Winnebago Industries has paid a quarterly cash dividend to common stockholders of record for the last 31 quarters.

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 quality motorhomes, travel trailers, fifth-wheel products, pontoons, inboard/outboard and sterndrive powerboats and commercial community outreach vehicles. Winnebago Industries has multiple facilities in Iowa, Indiana, Minnesota and Florida. 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.

Contact: Steve Stuber - Investor Relations - 952-828-8461 - srstuber@wgo.net
Media Contact: Chad Reece - Public Relations - 641-585-6647 - creece@wgo.net


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for Winnebago Industries (WGO)?

The dividend amount for Winnebago Industries is $0.18 per share.

When is the dividend payment date for WGO?

The dividend payment date for WGO is April 27, 2022.

Who is eligible for the WGO dividend payment?

Stockholders of record on April 13, 2022, are eligible for the WGO dividend payment.

How long has Winnebago Industries been paying dividends?

Winnebago Industries has been paying dividends for the last 31 quarters.

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