Winnebago Industries, Inc. (NYSE:WGO) Plans Quarterly Dividend of $0.35

Winnebago Industries, Inc. (NYSE:WGOGet Free Report) announced a quarterly dividend on Wednesday, December 17th. Stockholders of record on Wednesday, January 14th will be paid a dividend of 0.35 per share by the RV manufacturer on Wednesday, January 28th. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Wednesday, January 14th.

Winnebago Industries has raised its dividend payment by an average of 0.3%per year over the last three years and has raised its dividend every year for the last 6 years. Winnebago Industries has a dividend payout ratio of 33.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect Winnebago Industries to earn $4.67 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 30.0%.

Winnebago Industries Stock Down 0.3%

Shares of NYSE:WGO traded down $0.11 during trading on Thursday, reaching $41.30. 40,231 shares of the stock were exchanged, compared to its average volume of 693,711. Winnebago Industries has a 1-year low of $28.00 and a 1-year high of $53.45. The stock has a fifty day moving average of $35.89 and a two-hundred day moving average of $33.85. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.42 and a quick ratio of 1.21. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of 45.45 and a beta of 1.12.

Winnebago Industries (NYSE:WGOGet Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The RV manufacturer reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.13. The firm had revenue of $777.30 million for the quarter, compared to analyst estimates of $724.89 million. Winnebago Industries had a net margin of 0.92% and a return on equity of 3.86%. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the firm earned $0.28 earnings per share. Winnebago Industries has set its FY 2026 guidance at 2.000-2.700 EPS. Research analysts anticipate that Winnebago Industries will post 3.41 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Sara E. Armbruster purchased 2,700 shares of the business’s stock in a transaction dated Friday, October 24th. The shares were purchased at an average price of $40.27 per share, for a total transaction of $108,729.00. Following the completion of the acquisition, the director directly owned 14,426 shares in the company, valued at $580,935.02. This represents a 23.03% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Michael J. Happe sold 7,105 shares of the firm’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $41.38, for a total value of $294,004.90. Following the completion of the transaction, the chief executive officer owned 347,501 shares in the company, valued at approximately $14,379,591.38. This trade represents a 2.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 4.88% of the company’s stock.

Institutional Investors Weigh In On Winnebago Industries

Hedge funds and other institutional investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its position in shares of Winnebago Industries by 90.5% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock valued at $26,000 after buying an additional 364 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Winnebago Industries by 53.3% in the second quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock valued at $32,000 after purchasing an additional 385 shares during the period. GAMMA Investing LLC raised its stake in shares of Winnebago Industries by 62.8% in the second quarter. GAMMA Investing LLC now owns 1,123 shares of the RV manufacturer’s stock worth $33,000 after purchasing an additional 433 shares during the last quarter. Hantz Financial Services Inc. boosted its position in Winnebago Industries by 825.4% in the third quarter. Hantz Financial Services Inc. now owns 1,203 shares of the RV manufacturer’s stock valued at $40,000 after buying an additional 1,073 shares during the last quarter. Finally, State of Wyoming acquired a new position in Winnebago Industries in the 1st quarter worth approximately $47,000.

Winnebago Industries Company Profile

(Get Free Report)

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.

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Dividend History for Winnebago Industries (NYSE:WGO)

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