Winnebago Industries announces a quarterly dividend increase to $0.35 per share, reflecting commitment to shareholder value.
Quiver AI Summary
Winnebago Industries, Inc. announced that its Board of Directors approved a quarterly cash dividend of $0.35 per share, which will be payable on September 24, 2025, to stockholders of record as of September 10, 2025. This dividend represents a 3 percent increase from the previous quarter. President and CEO Michael Happe emphasized the company's commitment to long-term shareholder value through consistent dividend payments and profitable growth. Winnebago, a prominent manufacturer of outdoor lifestyle products, aims to enhance customer experiences and innovation across its diverse range of recreational products. The company operates numerous facilities in various states and is publicly traded on the NYSE under the symbol WGO.
Potential Positives
- Winnebago Industries declared a quarterly cash dividend of $0.35 per share, reflecting a 3 percent increase from the previous quarter, showcasing financial stability and growth.
- The company has maintained an uninterrupted track record of over 11 years of quarterly dividend payments, highlighting its commitment to returning value to shareholders.
- CEO Michael Happe emphasized a focus on long-term capital allocation, signaling a disciplined approach to financial management and shareholder value creation.
- The announcement reinforces Winnebago's strategy of driving profitable growth while enhancing customer experiences through purposeful innovation.
Potential Negatives
- While the dividend increase is a positive sign, it could also indicate that the company has limited growth opportunities, leading them to return excess cash to shareholders instead of reinvesting it into the business.
- The focus on public relations regarding dividend payments may distract from addressing potential underlying operational challenges or market competition that the company may be facing.
- The absence of specific financial performance metrics or operational achievements in the press release may raise concerns among investors about the company's current performance and future prospects.
FAQ
What is the recent quarterly dividend declared by Winnebago Industries?
Winnebago Industries declared a quarterly cash dividend of $0.35 per share, up 3% from the previous quarter.
When will the dividend be paid to shareholders?
The dividend will be payable on September 24, 2025, to stockholders of record on September 10, 2025.
How long has Winnebago Industries been paying dividends?
Winnebago Industries has a track record of over 11 years of uninterrupted quarterly dividend payments.
What is Winnebago Industries’ strategy for shareholder value?
The company focuses on sustainable long-term success, innovation, and profitability while consistently returning cash to shareholders.
Where can I find more information about Winnebago Industries?
For more information, visit Winnebago Industries' official website at www.winnebagoind.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.
$WGO Insider Trading Activity
$WGO insiders have traded $WGO stock on the open market 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $WGO stock by insiders over the last 6 months:
- DAVID W MILES purchased 4,341 shares for an estimated $150,545
- KEVIN E. BRYANT purchased 4,200 shares for an estimated $143,304
- JACQUELINE D. WOODS sold 1,503 shares for an estimated $66,612
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$WGO Hedge Fund Activity
We have seen 132 institutional investors add shares of $WGO stock to their portfolio, and 160 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BNP PARIBAS FINANCIAL MARKETS removed 510,230 shares (-99.3%) from their portfolio in Q2 2025, for an estimated $14,796,670
- J. GOLDMAN & CO LP removed 377,141 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $12,996,278
- GOLDMAN SACHS GROUP INC removed 300,597 shares (-52.5%) from their portfolio in Q2 2025, for an estimated $8,717,313
- RWWM, INC. added 289,644 shares (+inf%) to their portfolio in Q2 2025, for an estimated $8,399,676
- UBS GROUP AG removed 273,551 shares (-53.6%) from their portfolio in Q2 2025, for an estimated $7,932,979
- BANK OF AMERICA CORP /DE/ added 258,103 shares (+46.6%) to their portfolio in Q1 2025, for an estimated $8,894,229
- SQUAREPOINT OPS LLC removed 230,215 shares (-94.6%) from their portfolio in Q2 2025, for an estimated $6,676,235
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$WGO Analyst Ratings
Wall Street analysts have issued reports on $WGO in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Citigroup issued a "Buy" rating on 08/12/2025
- Benchmark issued a "Buy" rating on 06/30/2025
- BMO Capital issued a "Outperform" rating on 06/26/2025
- Truist Securities issued a "Buy" rating on 06/26/2025
- Keybanc issued a "Overweight" rating on 06/26/2025
To track analyst ratings and price targets for $WGO, check out Quiver Quantitative's $WGO forecast page.
$WGO Price Targets
Multiple analysts have issued price targets for $WGO recently. We have seen 9 analysts offer price targets for $WGO in the last 6 months, with a median target of $36.0.
Here are some recent targets:
- James Hardiman from Citigroup set a target price of $36.0 on 08/12/2025
- Michael Albanese from Benchmark set a target price of $42.0 on 06/30/2025
- Tristan Thomas-Martin from BMO Capital set a target price of $42.0 on 06/26/2025
- Michael Swartz from Truist Securities set a target price of $36.0 on 06/26/2025
- Noah Zatzkin from Keybanc set a target price of $34.0 on 06/26/2025
- Craig Kennison from Baird set a target price of $35.0 on 06/26/2025
- Scott Stember from Roth Capital set a target price of $30.0 on 06/26/2025
Full Release
EDEN PRAIRIE, Minn., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE:WGO), a leading outdoor lifestyle product manufacturer, today announced that the company’s Board of Directors approved a quarterly cash dividend of $0.35 per share payable on September 24, 2025, to common stockholders of record at the close of business on September 10, 2025. Today’s dividend declaration represents a 3 percent increase, or $0.01 per share, from the previous quarter.
“As part of our disciplined long-term capital allocation approach, Winnebago Industries’ track record of 11-plus years of uninterrupted quarterly dividend payments reflects our commitment to creating value for shareholders,” said President and CEO Michael Happe. “Our strategy remains firmly focused on establishing sustainable long-term success through relentless excellence, purposeful innovation and exceptional customer experiences. By consistently returning cash to our shareholders while driving profitable growth over time, we are reaffirming our confidence in our future.”
About Winnebago Industries
Winnebago Industries, Inc. is a leading manufacturer of premium outdoor recreation products committed to elevating every moment outdoors. With a focus on purposeful innovation and exceptional experiences for its customers, the company boasts a diverse and expansive portfolio of high-quality RV and marine recreation products under the Grand Design RV, Newmar, Winnebago, Baretta and Chris-Craft brands, as well as advanced lithium power solutions under the Lithionics brand. Winnebago Industries operates across multiple facilities in Indiana, Iowa, Minnesota and Florida, and is traded on the New York Stock Exchange under the symbol WGO. For more information, visit www.winnebagoind.com .
Contacts
Investors: Ray Posadas [email protected]
Media: Katlyn Beniek [email protected]