Camping World Holdings Inc. announced that its Board of Directors has doubled the company’s quarterly dividend and declared a cash dividend of 50 cents per share on the company’s Class A common stock. Payment is expected to be made on September 28, 2021, to stockholders of record at the close of business on September 14, 2021.
The company’s regular dividend will increase from 25 cents per share to 50 cents per share on a quarterly basis and from $1.00 per share to $2.00 per share on an annualized basis.
Marcus Lemonis, chairman and CEO said, “We are pleased with our strong performance and disciplined cash management and remain focused on our long-term profitable growth and ability to consistently return capital to our stockholders on a go-forward basis evidenced by the 100 percent increase in our annualized dividend to $2.00 per share.”
Photo courtesy Camping World
