Winnebago Industries, Inc. (NYSE:WGO – Get Free Report) announced a quarterly dividend on Wednesday, March 18th. Stockholders of record on Wednesday, April 15th will be given a dividend of 0.35 per share by the RV manufacturer on Wednesday, April 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, April 15th.
Winnebago Industries has raised its dividend payment by an average of 0.3%per year 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. Equities research analysts expect Winnebago Industries to earn $4.67 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 30.0%.
Winnebago Industries Trading Down 2.4%
Shares of Winnebago Industries stock opened at $32.70 on Thursday. The company has a quick ratio of 1.25, a current ratio of 2.69 and a debt-to-equity ratio of 0.44. The firm has a market cap of $922.77 million, a price-to-earnings ratio of 25.55 and a beta of 1.14. The business has a fifty day simple moving average of $43.48 and a 200-day simple moving average of $38.82. Winnebago Industries has a fifty-two week low of $28.00 and a fifty-two week high of $50.16.
Winnebago Industries Company Profile
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.
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