Johnson Outdoors (JOUT) Raises Quarterly Dividend 11.1% to $0.010; 0.1% Yield
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Johnson Outdoors Announces Increase in Cash Dividend
September 29, 2017 5:00 AM EDTRACINE, Wis., Sept. 29, 2017 (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 $0.010 per Class A share and $0.0909 per Class B share an 11.1% increase from the dividend rates declared in previous quarters.
We have paid off our debt and continue to add to our 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... More
