Winnebago Industries Declares Cash Dividend
20 March 1998
Winnebago Industries Declares Cash DividendFOREST CITY, Iowa, March 20 -- The board of directors of Winnebago Industries, Inc., have declared a cash dividend of ten cents per share, payable on July 6, 1998 to shareholders of record as of June 5, 1998. The dividend and recent stock repurchase are indicators of the Board of Directors' confidence in the Company and its continued strength of the RV industry. "Our 1998 products have been well received by our dealers and retail customers," said Bruce Hertzke, Winnebago Industries president and chief operating officer. "Order backlog for motor home production is currently running approximately 80 percent ahead of last year's orders at this time." Winnebago Industries, Inc. is a leading manufacturer of motor homes that are self-contained recreation vehicles used primarily in leisure travel and outdoor recreation activities. Other products manufactured by the Company consist principally of a variety of component products for other manufacturers. The Company builds quality products with state-of-the-art computer-aided design and manufacturing systems on automotive-styled assembly lines, conforming to what the Company believes to be the most rigorous testing in the RV industry. The Company's common stock is listed on the New York, Chicago and Pacific Stock Exchanges and traded under the symbol WGO. Options for the Company's common stock are traded on the Chicago Board Options Exchange. Visit Winnebago Industries' Web site at http://www.winnebagoind.com/ SOURCE Winnebago Industries, Inc.