Johnson Outdoors (JOUT) Raises Quarterly Dividend 42.9% to $0.30; 1.1% Yield

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Go back to Johnson Outdoors (JOUT) Raises Quarterly Dividend 42.9% to $0.30; 1.1% Yield

Johnson Outdoors Announces Cash Dividend Increase

October 1, 2021 6:00 AM EDT

RACINE, Wis., Oct. 01, 2021 (GLOBE NEWSWIRE) -- Johnson Outdoors Inc. (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, today announced approval by its Board of Directors of a 43% increase in its quarterly cash dividend. Class A shareholders will now receive a $0.30 dividend per share and Class B shareholders a $0.2727 dividend per share.

Johnson Outdoors balance sheet remains strong, and the 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 is... More