Winnebago declares quarterly dividend of $0.34 per share

EDEN PRAIRIE, Minn. - Winnebago Industries, Inc. (NYSE:WGO), known for manufacturing outdoor lifestyle products, has declared a quarterly cash dividend of $0.34 per share, representing a 3.84% yield at current prices. According to InvestingPro data, the company has maintained dividend payments for 12 consecutive years. The dividend is payable on April 30, 2025, to shareholders of record as of April 16, 2025.

Michael Happe, President and CEO of Winnebago Industries, commented on the company’s commitment to delivering shareholder value through consistent dividend payments. He highlighted the company’s focus on financial discipline and growth initiatives aimed at strengthening its portfolio of premium brands and reinforcing its leadership in the industry. The company maintains strong liquidity with a current ratio of 2.58, though InvestingPro analysis indicates the stock is currently trading below its Fair Value.

This latest dividend announcement marks the 43rd consecutive quarter that Winnebago Industries has paid a dividend to its common stockholders, with six consecutive years of dividend increases. Despite recent market challenges reflected in a 40% decline over the past six months, analysts expect the company to return to profitability this year. The company’s diverse brand portfolio includes Winnebago, Grand Design, Chris-Craft, Newmar, and Barletta, covering a range of outdoor recreation products from motorhomes to powerboats and community outreach vehicles.

Winnebago Industries maintains a strategy of sustainable innovation and vertical integration in key component areas across its multiple facilities located in Iowa, Indiana, Minnesota, and Florida. The company’s common stock is publicly traded on the New York Stock Exchange under the ticker symbol WGO. Discover more detailed insights and 12 additional ProTips about Winnebago’s financial health and market position in the comprehensive Pro Research Report, available exclusively on InvestingPro.

The information in this article is based on a press release statement from Winnebago Industries, Inc.

In other recent news, Winnebago Industries has been the focus of several financial analyses as the company navigates a challenging market environment. The company reported an adjusted loss per share of ($0.03) for the first quarter of fiscal year 2025, which fell short of both BMO Capital’s estimate of $0.13 and the broader market expectation of $0.20. Despite this, BMO Capital maintained an Outperform rating with a $70 price target, citing potential recovery in the latter half of the fiscal year. Similarly, Truist Securities reiterated a Buy rating with a $64 price target, highlighting Winnebago’s market share gains and the possibility of a stronger recovery over the next 12 to 18 months.

Benchmark analyst also maintained a Buy rating with a $70 price target, though they adjusted Winnebago’s Q2 AEBITDA and EPS projections downward due to the industry’s current softness. DA Davidson, however, revised its outlook by lowering the price target to $54 while maintaining a Neutral rating, reflecting a cautious stance given the company’s earnings miss and narrowed full-year guidance. Meanwhile, KeyBanc Capital Markets shared optimism for the RV industry, noting cleaner inventory levels and a focus on affordability, which could benefit companies like Winnebago.

Winnebago’s management remains confident, emphasizing the potential growth in towable RVs and a leadership realignment to better engage with top dealers. The company’s strategic initiatives, such as expanding its product portfolio to include more affordable options, are aimed at increasing market share despite mixed early-year show results. As Winnebago prepares to report its next quarterly earnings, investors will be closely watching to see how the company addresses these challenges and opportunities.

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