Johnson Outdoors declares a quarterly cash dividend of $0.33 per Class A share and $0.30 per Class B share.
Quiver AI Summary
Johnson Outdoors Inc., a leading innovator in outdoor recreation equipment, announced that its Board of Directors has approved a quarterly cash dividend of $0.33 per Class A share and $0.30 per Class B share. This dividend will be payable on July 24, 2025, to shareholders recorded by July 10, 2025. As a company, Johnson Outdoors designs and markets well-known brands across categories such as Watercraft Recreation, Fishing, Diving, and Camping, including Old Town, Minn Kota, and SCUBAPRO. The press release also includes a Safe Harbor statement, cautioning readers about forward-looking statements and the risks and uncertainties that may affect the company's actual results.
Potential Positives
- Approval of a quarterly cash dividend of $0.33 per Class A share and $0.30 per Class B share demonstrates the company’s commitment to returning value to shareholders.
- The dividend payment is scheduled for July 24, 2025, signifying a stable financial position and regular income for investors.
- Being a leading global innovator in outdoor recreation equipment positions Johnson Outdoors favorably within a growing market.
- The announcement reinforces confidence in the company's operational success and future prospects, attractive to both current and potential investors.
Potential Negatives
- The dividend announcement may indicate that the company is facing financial constraints, potentially limiting its reinvestment opportunities for growth and innovation.
- The forward-looking statements highlight various risks, including economic conditions, supply chain disruptions, and competition, which could impact future performance.
- References to prior financial filings and the extensive list of potential risk factors may suggest to investors that the company is currently navigating a challenging business environment.
FAQ
When will the next dividend be paid by Johnson Outdoors?
The next dividend will be paid on July 24, 2025.
What is the amount of the dividend per share?
The dividend is $0.33 per Class A share and $0.30 per Class B share.
What is the record date for the upcoming dividend?
Shareholders must be on record by the close of business on July 10, 2025.
What does Johnson Outdoors specialize in?
Johnson Outdoors specializes in outdoor recreation equipment and technology, including brands in fishing, camping, diving, and watercraft recreation.
Where can I learn more about Johnson Outdoors?
More information can be found on their official website at http://www.johnsonoutdoors.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$JOUT Hedge Fund Activity
We have seen 48 institutional investors add shares of $JOUT stock to their portfolio, and 80 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FIRST EAGLE INVESTMENT MANAGEMENT, LLC added 54,531 shares (+106.2%) to their portfolio in Q1 2025, for an estimated $1,354,550
- ACUITAS INVESTMENTS, LLC removed 54,180 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $1,787,940
- OLSTEIN CAPITAL MANAGEMENT, L.P. removed 54,000 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $1,341,360
- KENNEDY CAPITAL MANAGEMENT LLC added 46,730 shares (+51.8%) to their portfolio in Q1 2025, for an estimated $1,160,773
- DIAMOND HILL CAPITAL MANAGEMENT INC added 46,301 shares (+523.6%) to their portfolio in Q1 2025, for an estimated $1,150,116
- GAMCO INVESTORS, INC. ET AL added 41,717 shares (+11.7%) to their portfolio in Q1 2025, for an estimated $1,036,250
- RUSSELL INVESTMENTS GROUP, LTD. removed 35,310 shares (-19.9%) from their portfolio in Q1 2025, for an estimated $877,100
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
RACINE, Wis., June 26, 2025 (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 quarterly cash dividend of $0.33 per Class A share and $0.30 per Class B share.
The quarterly cash dividend is payable on July 24, 2025, to shareholders of record at the close of business on July 10, 2025.
About Johnson Outdoors Inc.
J OHNSON O UTDOORS is a leading global innovator of outdoor recreation equipment and technologies that inspire more people to experience the awe of the great outdoors. The company designs, manufactures and markets a portfolio of winning, consumer-preferred brands across four categories: Watercraft Recreation, Fishing, Diving and Camping. Johnson Outdoors' iconic brands include: Old Town ® canoes and kayaks; Carlisle ® paddles; Minn Kota ® trolling motors, shallow water anchors and battery chargers; Cannon ® downriggers; Humminbird ® marine electronics and charts; SCUBAPRO ® dive equipment; and Jetboil ® outdoor cooking systems.
Visit Johnson Outdoors at http://www.johnsonoutdoors.com
Safe Harbor Statement
Certain matters discussed in this press release are “forward-looking statements,” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical fact are considered forward-looking statements. These statements may be identified by the use of forward-looking words or phrases such as "anticipate,'' "believe,'' "confident," "could,'' "expect,'' "intend,'' "may,'' "planned,'' "potential,'' "should,'' "will,'' "would'' or the negative of those terms or other words of similar meaning. Such forward-looking statements are subject to certain risks and uncertainties, which could cause actual results or outcomes to differ materially from those currently anticipated. Factors that could affect actual results or outcomes include the matters described under the caption “Risk Factors” in Item 1A of the Company’s Form 10-K filed with the Securities and Exchange Commission on December 11, 2024, and the following: changes in economic conditions, consumer confidence levels and discretionary spending patterns in key markets; uncertainties stemming from political instability (and its impact on the economies in jurisdictions where the Company has operations), uncertainties stemming from changes in U.S. trade policies, tariffs, and the reaction of other countries to such changes; the global outbreaks of disease, such as the COVID-19 pandemic, which has affected, and may continue to affect, market and economic conditions, along with wide-ranging impacts on employees, customers and various aspects of our operations; the Company’s success in implementing its strategic plan, including its targeted sales growth platforms, innovation focus and its increasing digital presence; litigation costs related to actions of and disputes with third parties, including competitors; the Company’s continued success in its working capital management and cost-structure reductions; the Company’s success in integrating strategic acquisitions; the risk of future write-downs of goodwill or other long-lived assets; the ability of the Company’s customers to meet payment obligations; the impact of actions of the Company’s competitors with respect to product development or enhancement or the introduction of new products into the Company’s markets; movements in foreign currencies, interest rates or commodity costs; fluctuations in the prices of raw materials or the availability of raw materials or components used by the Company; any disruptions in the Company’s supply chain as a result of material fluctuations in the Company’s order volumes and requirements for raw materials and other components, or the demand for those same raw materials and components by third parties, necessary to manufacture and produce the Company’s products including related to shortages in procuring necessary raw materials and components to manufacture and produce such products; the success of the Company’s suppliers and customers and the impact of any consolidation in the industries of the Company’s suppliers and customers; the ability of the Company to deploy its capital successfully; unanticipated outcomes related to outsourcing certain manufacturing processes; unanticipated outcomes related to litigation matters; and adverse weather conditions. Shareholders, potential investors and other readers are urged to consider these factors in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included herein are only made as of the date of this filing. The Company assumes no obligation, and disclaims any obligation, to update such forward-looking statements to reflect subsequent events or circumstances.
A t J ohnson O utdoors I nc . | |
D avid Johnson | Patricia Penman |
VP & Chief Financial Officer | Chief Marketing Officer |
262-631-6600 | 262-631-6600 |