Camping World Holdings, the parent of Gander Mountain, announced that its Board of Directors declared a cash dividend of $0.2832 per share on the company’s Class A Common Stock and a cash distribution of $0.21 per common unit on CWGS Enterprises, LLC’s common units. Payment is expected to be made on December 29, 2017, to stockholders of record at the close of business on December 15, 2017.
The CWH Class A common stock cash dividend of $0.2832 per share is comprised of the regular quarterly cash dividend of $0.08 per share, a one-time cash dividend of $0.13 per share, both funded by the $0.21 per common unit cash distribution by CWGS Enterprises, LLC to all holders of its common units, including CWH, and a $0.0732 per share special cash dividend representing a portion of the tax distribution from CWGS Enterprises, LLC that is in excess of the corporate income taxes payable by CWH.
Camping World has over 135 Camping World locations in 36 states and comprehensive e-commerce platform. Banners also include Gander Outdoors, Overton’s, The House, Uncle Dan’s and Windward/W82.