Camping World Holdings, Inc.’s Board of Directors declared a regular cash dividend of 62.5 cents per share on the company’s Class A Common Stock.
“Our management team remains steadfast in delivering returns to our stockholders,” company Chairman and CEO Marcus Lemonis said.
Payment is expected to be made June 29, 2022, to stockholders of record at the close of business June 14, 2022.
Future declarations of quarterly dividends are subject to the determination and discretion of Camping World’s board, the company said.
Future declarations would be based on various factors, the company said, including the results of operations, financial condition, level of indebtedness, anticipated capital requirements, contractual restrictions, restrictions in its debt agreements, restrictions under applicable law, receipt of excess tax distributions from CWGS Enterprises, LLC, its business prospects and other factors that Camping World’s board may deem relevant.