Winnebago Industries, Inc. (NYSE:WGO – Get Free Report) declared a quarterly dividend on Wednesday, August 12th. Shareholders of record on Wednesday, September 9th will be given a dividend of 0.36 per share by the RV manufacturer on Wednesday, September 23rd. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Wednesday, September 9th. This is a 2.9% increase from Winnebago Industries’s previous quarterly dividend of $0.35.
Winnebago Industries has increased its dividend payment by an average of 0.3%annually over the last three years and has increased its dividend annually for the last 6 consecutive years. Winnebago Industries has a payout ratio of 33.9% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Winnebago Industries to earn $2.46 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 56.9%.
Winnebago Industries Trading Down 1.1%
NYSE:WGO opened at $32.44 on Thursday. Winnebago Industries has a 12 month low of $26.80 and a 12 month high of $50.16. The company has a current ratio of 2.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36. The firm’s 50 day moving average is $30.18 and its 200 day moving average is $34.04. The stock has a market capitalization of $917.05 million, a PE ratio of 23.85 and a beta of 1.11.
About Winnebago Industries
Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.
In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.
Recommended Stories
- Five stocks we like better than Winnebago Industries
- Franco-Nevada Earnings: Gold Is Rallying, But Does the Stock Even Care?
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
Receive News & Ratings for Winnebago Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Winnebago Industries and related companies with MarketBeat.com's FREE daily email newsletter.
