Winnebago Industries, Inc.’s Board of Directors approved a quarterly cash dividend of 31 cents per share, representing a 15 percent increase, or $0.04 per share, from the previous quarter.

The dividend is payable on September 27 to common stockholders of record at the close of business on September 13.

“Our team is focused on serving our customers, operating our business with discipline, and creating sustainable value for our shareholders,” said Winnebago Industries’ president and CEO, Michael Happe. “This dividend increase underscores our confidence in the long-term strength and trajectory of our business. Our diverse portfolio of premium brands across the outdoor recreation industry continues to be resilient and remains a source of optimism for our future.”

With this announcement, Winnebago Industries has paid a quarterly cash dividend to common stockholders of record for the last 37 quarters and has increased the quarterly dividend in each of the previous five years.