Winnebago Industries Board of Directors Approves Quarterly Cash Dividend

Rhea-AI Summary

Winnebago Industries (NYSE:WGO) has announced that its Board of Directors has approved a quarterly cash dividend of $0.34 per share. The dividend will be payable on June 25, 2025, to common stockholders of record at the close of business on June 11, 2025.

This marks the company's 44th consecutive quarterly dividend payment, demonstrating Winnebago's commitment to its balanced capital allocation strategy. The company focuses on distributing capital across organic growth initiatives, strategic acquisitions, and debt reduction while maintaining flexibility to adapt to market conditions and return cash to shareholders.

Winnebago Industries is 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 44-quarter track record of dividend payments showing financial stability
• Balanced capital allocation strategy maintaining financial flexibility
• Diversified product portfolio across multiple outdoor recreation brands

Negative

• None.

Insights

Financial Dividend Analyst

Winnebago continues its 44-quarter dividend streak at $0.34 per share, demonstrating financial stability amid recreational vehicle market challenges.

Winnebago's declaration of a $0.34 per share quarterly dividend represents the continuation of their 44-quarter uninterrupted dividend streak, reflecting management's confidence in their financial position despite recent industry headwinds in the RV market. The consistent dividend signals stable capital allocation fundamentals despite the cyclical nature of the recreational vehicle industry.

The dividend will be payable on June 25 to shareholders of record as of June 11. This commitment to shareholder returns demonstrates balance sheet strength and cash flow resilience, especially noteworthy given the challenging market conditions many recreational vehicle manufacturers have faced post-pandemic as interest rates have impacted consumer purchasing power.

CEO Michael Happe's emphasis on a "diverse yet balanced capital allocation strategy" highlights their multi-pronged approach: maintaining liquidity for operations, investing in organic growth, pursuing strategic acquisitions (evidenced by past acquisitions of brands like Grand Design, Chris-Craft, Newmar, and Barletta), reducing debt obligations, and consistently returning capital to shareholders. This balanced approach provides both operational flexibility and shareholder rewards.

Winnebago's vertical integration in key component areas likely contributes to margin protection and supply chain resilience, important factors in maintaining the financial stability required for consistent dividend payments. The company's diversified portfolio across motorhomes, travel trailers, boats, and pontoons creates multiple revenue streams that can help smooth out sector-specific downturns.

Winnebago Industries has paid a quarterly dividend for 44 consecutive quarters

EDEN PRAIRIE, Minn., May 16, 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 $0.34 per share payable on June 25, 2025, to common stockholders of record at the close of business on June 11, 2025.

“Through our diverse yet balanced capital allocation strategy, Winnebago Industries has now paid a quarterly cash dividend to common stockholders of record for 44 consecutive quarters,” said Michael Happe, president and chief executive officer of Winnebago Industries. “By thoughtfully distributing our capital across organic growth initiatives, strategic acquisitions and debt reduction, we strengthen our business and maintain the flexibility to adapt to dynamic market conditions, while consistently returning cash to shareholders.”

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

FAQ

What is the dividend amount for WGO stock in June 2025?

Winnebago Industries (WGO) will pay a quarterly cash dividend of $0.34 per share on June 25, 2025.

When is the record date for Winnebago's Q2 2025 dividend?

The record date for Winnebago's dividend is June 11, 2025, for stockholders of record at the close of business.

How many consecutive quarters has WGO paid dividends?

Winnebago Industries has paid quarterly dividends for 44 consecutive quarters, demonstrating consistent shareholder returns.

What brands are owned by Winnebago Industries?

Winnebago Industries owns Winnebago, Grand Design, Chris-Craft, Newmar, and Barletta brands, manufacturing various outdoor recreation products.