Camping World Holdings, Inc.’s board of directors doubled the company’s quarterly dividend and declared a cash dividend of $0.50 per share on the company’s Class A common stock.
Camping World said payment is expected to be made Sept. 28, 2021, to stockholders at the close of business Sept. 14, 2021.
The company’s regular dividend will increase from $0.25 per share to $0.50 per share quarterly, and from $1 per share to $2 per share annually.
“We are pleased with our strong performance and disciplined cash management and remain focused on our long-term profitable growth and ability to consistently return capital to our stockholders on a go-forward basis, evidenced by the 100% increase in our annualized dividend to $2 per share,” company Chairman and CEO Marcus Lemonis said.
