Camping World Holdings, Inc. announced that its Board of Directors has increased the company’s quarterly dividend by 25 percent and declared a regular cash dividend of $0.625 per share on the company’s class A common stock. Payment is expected to be made on March 29, 2022 to stockholders of record at the close of business on March 14, 2022.
Marcus Lemonis, chairman and chief executive officer, stated, “While the primary objective is to continue to invest in the growth of our business, our management team remains focused on a healthy return of capital to our shareholders through strong dividends and our stock repurchase program.”
With this increase, the company’s regular dividend increases from $2.00 to $2.50 per share on an annualized basis.