Lippert’s Board of Directors declared a regular quarterly dividend increase.
The dividend will total $1.15 per share. The amount increased 10.5% from Lippert’s $1.05 per share, which has remained unchanged since the 2022 second quarter.
The cash dividend will be payable Dec. 13 to shareholders of record Nov. 29.
Lippert has about 25.46 million shares outstanding, according to Yahoo Finance.
The quarterly dividend will return about $29.28 million to shareholders.