Winnebago Industries Board of Directors Approves Quarterly Cash Dividend of $0.11 Per Share
Winnebago Industries announced a quarterly cash dividend of $0.11 per share to be paid on July 1, 2020.
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.
Rhea-AI Summary
Winnebago Industries announced a quarterly cash dividend of $0.11 per share to be paid on July 1, 2020. Shareholders must be on record by the close of business on June 17, 2020. This dividend reflects the company's commitment to return value to its stockholders. Winnebago Industries is well-known for manufacturing recreational vehicles under various brands including Winnebago and Grand Design, emphasizing quality in leisure products. The company remains a significant player in the outdoor lifestyle market.
Positive
- Quarterly cash dividend of $0.11 per share
- Dividend payable on July 1, 2020, indicates company confidence in cash flow
Negative
- None.
Details
News Market Reaction – WGO
The recorded move for WGO in the trading session of this news was +3.23%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FOREST CITY, Iowa, May 19, 2020 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE:WGO), a leading outdoor lifestyle product manufacturer, today announced that on May 19, 2020, the Company’s Board of Directors approved a quarterly cash dividend of
About Winnebago Industries
Winnebago Industries, Inc. is a leading U.S. manufacturer of recreation vehicles under the Winnebago, Grand Design, Newmar and Chris-Craft brands, which are used primarily in leisure travel and outdoor recreation activities. The Company builds quality motorhomes, travel trailers, fifth wheel products and boats. Winnebago Industries has multiple facilities in Iowa, Indiana, Oregon, 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 http://investor.wgo.net.
Steve Stuber - Investor Relations - 952-828-8461 - srstuber@wgo.net
Media Contact: Sam Jefson - Public Relations Specialist - 641-585-6803 - sjefson@wgo.net