Winnebago Industries Board of Directors Approves Quarterly Cash Dividend
Winnebago Industries (NYSE:WGO) has announced its Board of Directors' approval of a quarterly cash dividend of $0.34 per share.
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Rhea-AI Summary
Winnebago Industries (NYSE:WGO) has announced its Board of Directors' approval of a quarterly cash dividend of $0.34 per share. The dividend will be payable on April 30, 2025, to common stockholders of record at the close of business on April 16, 2025.
This marks the company's 43rd consecutive quarterly dividend payment to common stockholders. The company's CEO, Michael Happe, emphasized their diverse capital allocation strategy focused on providing consistent returns to shareholders through dividend payments. Winnebago Industries maintains its position as a leading North American manufacturer of outdoor recreation products, including motorhomes, travel trailers, powerboats, and pontoons under brands such as Winnebago, Grand Design, Chris-Craft, Newmar, and Barletta.
Positive
- Consistent 43-quarter track record of dividend payments
- Maintains stable $0.34 quarterly dividend
- Diversified product portfolio across multiple outdoor recreation brands
Negative
- None.
Details
News Market Reaction – WGO
The recorded move for WGO in the trading session of this news was -1.72%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Winnebago Industries has paid a quarterly dividend for 43 consecutive quarters
EDEN PRAIRIE, Minn., March 19, 2025 (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
“Our diverse yet balanced capital allocation strategy allows us to prioritize consistent returns to our shareholders through dividend payments,” said Michael Happe, Winnebago Industries’ president and chief executive officer. “Through financial discipline and focused growth initiatives, we continue to strengthen our portfolio of premium brands and enhance shareholder value while solidifying our industry leadership position.”
With this announcement, Winnebago Industries has paid a quarterly cash dividend to common stockholders of record for the last 43 quarters.
About Winnebago Industries
Winnebago Industries, Inc. is a leading North American manufacturer of outdoor recreation 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 visit www.winnebagoind.com/investors.
Contacts
Investors: Ray Posadas ir@winnebagoind.com
Media: Daniel Sullivan media@winnebagoind.com
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