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EDEN PRAIRIE, Minn. - Winnebago Industries, Inc. (NYSE:WGO), renowned for manufacturing outdoor lifestyle products, has declared a quarterly cash dividend of $0.34 per share, representing a current yield of 3.75%. Scheduled for June 25, 2025, the dividend will be distributed to shareholders recorded by June 11, 2025. This marks the company’s 44th successive quarterly dividend, with an impressive dividend growth of 9.68% over the past year. According to InvestingPro, the company has raised its dividend for six consecutive years, demonstrating its commitment to consistent shareholder returns.
Michael Happe, Winnebago’s president and CEO, highlighted the company’s balanced approach to capital allocation, which includes investments in organic growth, strategic acquisitions, and debt reduction. The strategy appears effective, as InvestingPro data shows the company maintains strong liquidity with a current ratio of 2.17. This strategy, according to Happe, not only fortifies the business but also ensures adaptability to changing market conditions and a reliable cash return to its investors.
Winnebago Industries’ portfolio includes several well-known brands such as Winnebago, Grand Design, Chris-Craft, Newmar, and Barletta. The company’s product range encompasses motorhomes, travel trailers, fifth-wheel products, powerboats, pontoons, and community outreach vehicles, all crafted to support leisure travel and outdoor activities.
With a focus on sustainable innovation and vertical integration, particularly in essential component areas, Winnebago operates out of multiple facilities across Iowa, Indiana, Minnesota, and Florida. The company trades on the New York Stock Exchange under the ticker symbol WGO.
This announcement is based on a press release statement from Winnebago Industries.
In other recent news, Winnebago Industries has seen several updates from analysts following its second-quarter fiscal year 2025 earnings announcement, which exceeded expectations. Despite the positive earnings report, Winnebago revised its full fiscal year 2025 earnings per share guidance downwards. KeyBanc maintained an Overweight rating with a reduced price target of $40, citing challenges such as market conditions and tariff policy risks, but noted the company’s stable market share and new product introductions. DA Davidson also cut its price target to $42, reflecting weakened retail and dealer demand, but highlighted the market’s relatively positive reaction to the earnings report. BMO Capital reduced its target to $60 while keeping an Outperform rating, noting that the RV sector has outperformed other leisure categories despite lower-than-expected retail demand.
Truist Securities adjusted its price target to $50, maintaining a Buy rating, and interpreted the guidance revision as a cautious approach rather than a sign of decline. The firm emphasized Winnebago’s undervaluation and potential for long-term growth. Meanwhile, KeyBanc reaffirmed a $47 target, underscoring Winnebago’s strong inventory position and positive reception of its new Lineage product. Analysts generally recognize the challenges Winnebago faces but express confidence in its strategic direction and potential for continued performance amidst broader industry pressures.
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