Johnson Outdoors Inc. announced approval by its Board of Directors of a quarterly cash dividend of $0.010 per Class A share and $0.0909 per Class B share – an 11.1 percent increase from the dividend rates declared in previous quarters.
“We have paid off our debt and continue to add to our healthy cash position. This 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 27, 2017 to shareholders of record at the close of business on October 13, 2017.
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.