Johnson Outdoors (JOUT) Raises Quarterly Dividend 6.7% to $0.08; 1.5% Yield
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Johnson Outdoors Announces Increase in Cash Dividend
October 1, 2015 5:00 AM EDTRACINE, Wis., Oct. 1, 2015 (GLOBE NEWSWIRE) -- Johnson Outdoors Inc. (Nasdaq: JOUT), a global leader in innovative outdoor recreation equipment products, today announced approval by its Board of Directors of a quarterly cash dividend of $0.080 per Class A share and $0.073 per Class B share a 6.7% increase from the dividend rates declared in previous quarters.
"We have low debt and a healthy cash position. This dividend increase reflects our confidence in our business performance and strategic plans," said David W. Johnson, Vice President and Chief Financial Officer.
The quarterly cash dividend... More
