Johnson Outdoors Inc.'s board of directors approved a quarterly cash dividend of 80 cents per Class A share and 73 cents per Class B share – a 6.7 percent 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, company VP and CFO.
The quarterly cash dividend is payable on October 29, to shareholders of record at the close of business on October 15, 2015.
Johnson Outdoors designs, manufactures and markets Old Town canoes and kayaks; Ocean Kayak and Necky kayaks; Carlisle paddles; Extrasport personal flotation devices; Minn Kota motors; Cannon downriggers; Humminbird marine electronics; LakeMaster electronic charts; SCUBAPro and Subgear dive equipment; Silva compasses; Jetboil outdoor cooking systems; and Eureka! camping and hiking equipment.
