Johnson Outdoors Inc. JOUT today announced approval by its Board of Directors of a quarterly cash dividend of $0.080 per Class A share and $0.073 per Class B share – a 6.7% increase from the dividend rates declared in previous quarters.
"We have low debt and a healthy cash position. This dividend increase reflects our confidence in our business performance and strategic plans," said David W. Johnson, Vice President and Chief Financial Officer.
The quarterly cash dividend is payable on October 29, 2015 to shareholders of record at the close of business on October 15, 2015.
See full press release
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in