Winnebago Industries Board of Directors Approves Quarterly Cash Dividend Increase

Rhea-AI Summary

Winnebago Industries (NYSE:WGO) announced a quarterly cash dividend increase of 3% to $0.35 per share, payable on September 24, 2025, to stockholders of record as of September 10, 2025. This marks the company's 45th consecutive quarterly dividend payment and the 7th consecutive year of dividend increases.

CEO Michael Happe emphasized the company's commitment to shareholder value creation through its disciplined capital allocation strategy. The dividend increase reflects Winnebago's confidence in its long-term success strategy focused on excellence, innovation, and customer experiences across its portfolio of RV and marine recreation products.

Positive

• Increased quarterly dividend by 3% to $0.35 per share
• Maintained 45 consecutive quarters of dividend payments
• Demonstrated 7 consecutive years of dividend increases
• Strong track record of consistent shareholder returns

Negative

• None.

Insights

Financial Analyst

Winnebago's 3% dividend increase signals financial stability despite industry challenges, continuing its 45-quarter dividend streak.

Winnebago Industries has announced a 3% quarterly dividend increase from $0.34 to $0.35 per share, payable September 24th to shareholders of record on September 10th. This modest bump continues the company's impressive streak of 45 consecutive quarterly dividend payments and marks the 7th straight year of dividend increases.

The dividend hike, while small in percentage terms, demonstrates management's continued commitment to shareholder returns even amid challenging conditions in the recreational vehicle market. For context, the RV industry has faced headwinds from higher interest rates affecting consumer financing and post-pandemic normalization of demand.

What's particularly noteworthy is Winnebago's ability to maintain its capital return program through different market cycles. The uninterrupted 11+ year dividend history suggests strong cash flow generation fundamentals across their diversified portfolio spanning RVs (Grand Design, Newmar, Winnebago), marine products (Baretta, Chris-Craft), and energy solutions (Lithionics).

CEO Michael Happe's statement emphasizes their "disciplined long-term capital allocation approach" – signaling that the dividend increase reflects confidence in future cash flows rather than a short-term financial engineering move. The modest 3% increase suggests prudent financial management, preserving capital flexibility while still rewarding shareholders.

While not explicitly stated, this move likely balances shareholder returns against needs for potential inventory management, product innovation investments, and maintaining balance sheet strength in a market characterized by shifting consumer demand patterns for outdoor lifestyle products.

Winnebago Industries has paid a quarterly dividend for 45 consecutive quarters and increased the dividend in each of the past 7 years

EDEN PRAIRIE, Minn., Aug. 14, 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 $0.35 per share payable on September 24, 2025, to common stockholders of record at the close of business on September 10, 2025. Today’s dividend declaration represents a 3 percent increase, or $0.01 per share, from the previous quarter.

“As part of our disciplined long-term capital allocation approach, Winnebago Industries’ track record of 11-plus years of uninterrupted quarterly dividend payments reflects our commitment to creating value for shareholders,” said President and CEO Michael Happe. “Our strategy remains firmly focused on establishing sustainable long-term success through relentless excellence, purposeful innovation and exceptional customer experiences. By consistently returning cash to our shareholders while driving profitable growth over time, we are reaffirming our confidence in our future.”

About Winnebago Industries

Winnebago Industries, Inc. is a leading manufacturer of premium outdoor recreation products committed to elevating every moment outdoors. With a focus on purposeful innovation and exceptional experiences for its customers, the company boasts a diverse and expansive portfolio of high-quality RV and marine recreation products under the Grand Design RV, Newmar, Winnebago, Baretta and Chris-Craft brands, as well as advanced lithium power solutions under the Lithionics brand. Winnebago Industries operates across multiple facilities in Indiana, Iowa, Minnesota and Florida, and is traded on the New York Stock Exchange under the symbol WGO. For more information, visit www.winnebagoind.com.

Contacts

Investors: Ray Posadas ir@winnebagoind.com

Media: Katlyn Beniek media@winnebagoind.com

FAQ

What is Winnebago's (WGO) new quarterly dividend amount for 2025?

Winnebago's new quarterly dividend is $0.35 per share, representing a 3% increase ($0.01) from the previous quarter.

When will Winnebago (WGO) pay its latest quarterly dividend?

Winnebago will pay the dividend on September 24, 2025 to shareholders of record as of September 10, 2025.

How long has Winnebago (WGO) been paying quarterly dividends?

Winnebago has maintained 45 consecutive quarters of dividend payments and has increased its dividend for 7 consecutive years.

What brands are included in Winnebago Industries' portfolio?

Winnebago's portfolio includes Grand Design RV, Newmar, Winnebago, Baretta, Chris-Craft for recreation products, and Lithionics for lithium power solutions.