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Winnebago Industries (WGO) Announces $350M Share Buyback, Hikes Dividend 50%

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Winnebago Industries Board of Directors approves 50% increase to Quarterly Cash Dividend and a new $350 Million Share Repurchase Authorization

August 17, 2022 4:30 PM EDT

EDEN PRAIRIE, Minn., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today announced that the Companys Board of Directors approved a quarterly cash dividend of $0.27 per share payable on September 28, 2022, to common stockholders of record at the close of business on September 14, 2022. Todays dividend declaration represents a 50% or $0.09 per share increase from the previous quarter. This increase follows the 50% increase that the Company announced in the prior year.

With this announcement, Winnebago Industries has paid a quarterly cash dividend to common stockholders... More