Winnebago Industries, Inc. (NYSE:WGO) Declares Dividend Increase – $0.36 Per Share

Winnebago Industries, Inc. (NYSE:WGO) announced a quarterly dividend on Wednesday, August 12th. Stockholders of record on Wednesday, September 9th will be paid a dividend of 0.36 per share by the RV manufacturer on Wednesday, September 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Wednesday, September 9th. This is a 2.9% increase from Winnebago Industries’s previous quarterly dividend of $0.35.

Winnebago Industries has increased its dividend by an average of 0.3%annually over the last three years and has raised its dividend annually for the last 6 consecutive years. Winnebago Industries has a dividend payout ratio of 33.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect Winnebago Industries to earn $2.46 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 56.9%.

Winnebago Industries Price Performance

Winnebago Industries stock opened at $32.44 on Thursday. The company has a market capitalization of $917.05 million, a price-to-earnings ratio of 23.85 and a beta of 1.11. The company has a current ratio of 2.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36. Winnebago Industries has a 12 month low of $26.80 and a 12 month high of $50.16. The stock’s 50 day moving average is $30.18 and its 200-day moving average is $34.04.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.10). The firm had revenue of $698.70 million for the quarter, compared to analyst estimates of $755.67 million. Winnebago Industries had a return on equity of 4.65% and a net margin of 1.36%.The business’s revenue for the quarter was down 9.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.81 earnings per share. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. Equities research analysts expect that Winnebago Industries will post 1.81 EPS for the current year.

Institutional Trading of Winnebago Industries

Several institutional investors and hedge funds have recently modified their holdings of WGO. Public Employees Retirement System of Ohio increased its stake in Winnebago Industries by 10.3% in the 4th quarter. Public Employees Retirement System of Ohio now owns 2,488 shares of the RV manufacturer’s stock valued at $101,000 after buying an additional 233 shares during the last quarter. Verdence Capital Advisors LLC grew its holdings in shares of Winnebago Industries by 4.3% in the fourth quarter. Verdence Capital Advisors LLC now owns 5,916 shares of the RV manufacturer’s stock valued at $240,000 after acquiring an additional 244 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Winnebago Industries by 90.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock valued at $26,000 after acquiring an additional 364 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Winnebago Industries by 2.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,485 shares of the RV manufacturer’s stock valued at $568,000 after acquiring an additional 401 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its position in shares of Winnebago Industries by 2.6% during the fourth quarter. State of Alaska Department of Revenue now owns 15,900 shares of the RV manufacturer’s stock valued at $643,000 after acquiring an additional 402 shares during the last quarter.

Winnebago Industries Company Profile

Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.

In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.