Camping World (CWH) Raises Quarterly Dividend 100% to $0.50; 5.4% Yield
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Camping World (NYSE: CWH) declared a quarterly dividend of $0.50 per share, or $2 annualized. This is a 100% increase from the prior dividend of $0.25.
The dividend will be payable on September 28, 2021, to stockholders of record on September 14, 2021, with an ex-dividend date of September 13, 2021.
The annual yield on the dividend is 5.4 percent.
Marcus Lemonis, Chairman and Chief Executive Officer stated, “We are pleased with our strong performance and disciplined cash management and remain focused on our long-term profitable growth and ability to consistently return capital to our stockholders on a go forward basis, evidenced by the 100% increase in our annualized dividend to $2.00 per share.”
As increased, the CWH Class A common stock cash dividend would be funded by a regular quarterly cash dividend of $0.15 per common unit cash distribution by CWGS Enterprises, LLC to all holders of its common units, and a $0.35 per share regular quarterly cash dividend representing a portion of excess tax distributions from CWGS Enterprises, LLC to holders of its common units.
For a dividend history and other dividend-related data on Camping World (CWH) click here.
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