Johnson Outdoors Inc. (NASDAQ:JOUT – Get Free Report) declared a quarterly dividend on Friday, September 25th. Shareholders of record on Friday, October 9th will be given a dividend of $0.33 per share on Friday, October 23rd. This represents a $1.32 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, October 9th.
Johnson Outdoors has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 11 consecutive years. Johnson Outdoors has a dividend payout ratio of 52.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Johnson Outdoors to earn $1.41 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 93.6%.
Johnson Outdoors Price Performance
Johnson Outdoors stock traded up $0.67 during trading hours on Friday, reaching $44.43. The stock had a trading volume of 30,729 shares, compared to its average volume of 64,263. The company has a market cap of $465.63 million, a price-to-earnings ratio of -52.27, a PEG ratio of 2.47 and a beta of 0.81. The business’s 50 day moving average price is $46.23 and its 200-day moving average price is $46.42. Johnson Outdoors has a 52 week low of $35.65 and a 52 week high of $53.54.
About Johnson Outdoors
Johnson Outdoors Inc is an outdoor recreation company that designs, manufactures and markets equipment for fishing, watercraft, diving, camping and other outdoor activities. Its products are sold through retailers, dealers and distributors in the United States and international markets.
The company’s fishing portfolio includes Minn Kota electric trolling motors, Humminbird marine electronics and Cannon downriggers. Its watercraft brands include Old Town kayaks and canoes, Ocean Kayak products and Carlisle paddles, while its camping business includes Eureka! tents and outdoor equipment and Jetboil cooking systems.
See Also
- Five stocks we like better than Johnson Outdoors
- Costco Ends Its Fiscal Year on a High Note, Eyes Big Expansion
- Cracker Barrel Stock Is Rallying Again, But the Turnaround Still Has a Traffic Problem
- Oracle’s Force Majeure Notice Exposes a Bigger Problem for the AI Build-Out
- Oil May Be Stronger Than It Looks—And Diamondback Is on Sale
Receive News & Ratings for Johnson Outdoors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Outdoors and related companies with MarketBeat.com's FREE daily email newsletter.
