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

Winnebago Industries, Inc. (NYSE:WGO) announced a quarterly dividend on Wednesday, August 12th. Shareholders 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) annualized dividend 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 raised its dividend payment by an average of 0.3%annually over the last three years and has raised its dividend every year for the last 6 years. Winnebago Industries has a payout ratio of 33.9% meaning its dividend is sufficiently covered by earnings. Equities research 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 Stock Down 1.1%

WGO stock opened at $32.44 on Thursday. Winnebago Industries has a fifty-two week low of $26.80 and a fifty-two week high of $50.16. The stock has a fifty day moving average of $30.18 and a 200-day moving average of $34.04. 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 debt-to-equity ratio of 0.36, a quick ratio of 0.92 and a current ratio of 2.37.

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

Hedge Funds Weigh In On Winnebago Industries

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. boosted its holdings in 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. Allworth Financial LP bought a new stake in shares of Winnebago Industries during the 2nd quarter valued at about $33,000. Clearstead Advisors LLC purchased a new position in shares of Winnebago Industries during the fourth quarter valued at about $35,000. Hantz Financial Services Inc. raised its stake in Winnebago Industries by 36.2% in the fourth quarter. Hantz Financial Services Inc. now owns 1,638 shares of the RV manufacturer’s stock worth $66,000 after buying an additional 435 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its position in Winnebago Industries by 15.9% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock valued at $75,000 after acquiring an additional 309 shares in 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.