Winnebago Industries Board of Directors Approves Quarterly Cash Dividend
Rhea-AI Summary
Winnebago Industries (NYSE:WGO) has announced a quarterly cash dividend of $0.34 per share, payable on January 29, 2025, to stockholders of record as of January 15, 2025. This marks the company's 42nd consecutive quarterly dividend payment, demonstrating their commitment to shareholder value through a disciplined capital allocation framework.
The company, a leading North American manufacturer of outdoor lifestyle products, operates under the brands Winnebago, Grand Design, Chris-Craft, Newmar, and Barletta, producing motorhomes, travel trailers, fifth-wheel products, powerboats, pontoons, and commercial community outreach vehicles across facilities in Iowa, Indiana, Minnesota, and Florida.
Positive
- Consistent dividend payment track record of 42 consecutive quarters
- Maintains $0.34 per share quarterly dividend, showing financial stability
- Diversified product portfolio across multiple outdoor lifestyle brands
- Vertical integration in key component areas strengthening operations
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, WGO gained 0.44%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Winnebago Industries has paid a quarterly dividend for 42 consecutive quarters
EDEN PRAIRIE, Minn., Dec. 18, 2024 (GLOBE NEWSWIRE) -- 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
“The consistency of our dividend payments underscores the importance we place on delivering value to our shareholders through a disciplined and balanced capital allocation framework,” said Michael Happe, Winnebago Industries’ president and chief executive officer. “By investing prudently in areas that drive growth and reinforce the strength of our premium outdoor recreation brands, we continue to share the success of Winnebago Industries with those who believe in our vision and share our confidence in our long-term strategy.”
With this announcement, Winnebago Industries has paid a quarterly cash dividend to common stockholders of record for the last 42 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 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