Johnson Outdoors Inc. announced approval by its Board of Directors of an increased quarterly cash dividend. Class A shareholders will now receive a $0.21 dividend per share and Class B shareholders a $0.191 dividend per share.
“Johnson Outdoors’ balance sheet remains strong, and the 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 23, 2020, to shareholders of record at the close of business on October 9, 2020.
Johnson Outdoors brands include Old Town canoes and kayaks; Ocean Kayak; Carlisle paddles; Minn Kota fishing motors, batteries and anchors; Cannon downriggers; Humminbird marine electronics and charts; SCUBAPRO dive equipment; Jetboil outdoor cooking systems; and, Eureka! camping and hiking equipment.
Photo courtesy Johnson Outdoors