Monaco Coach Corporation Announces Cash Dividend
COBURG, Ore., Aug. 20, 2007 -- Monaco Coach Corporation announced today that its upcoming quarterly cash dividend of $0.06 per share will be payable on September 14, 2007 to stockholders of record on August 31, 2007, and represents its fifteenth consecutive quarterly cash dividend since the company declared its initial cash dividend on February 23, 2004. The Company's Board of Directors declared the dividend on August 14, 2007. Monaco Coach Corporation has approximately 29.95 million shares outstanding.
About Monaco Coach Corporation
Dedicated to quality and service, Monaco Coach Corporation is one of the nation's leading manufacturers of motorized and towable recreational vehicles. Headquartered in Coburg, Oregon, with substantial manufacturing facilities in Indiana, Monaco Coach employs approximately 5,300 people. The Company offers entry-level priced towable RVs up to custom made luxury recreational vehicle models under the Monaco, Holiday Rambler, Safari, Beaver, McKenzie, R-Vision and Dodge brand names. Monaco Coach maintains RV service centers in Harrisburg, Ore., Elkhart, Ind., and Wildwood, Fla.
Ranked as the number one manufacturer of diesel-powered motorhomes, Monaco Coach is a leader in innovative RVs designed to meet the needs of a broad range of customers with varied interests. Monaco Coach Corporation trades on the New York Stock Exchange under the symbol "MNC," and the Company is included in the S&P Small-Cap 600 stock index. For additional information about Monaco Coach Corporation, please visit http://www.monaco-online.com/ or http://www.trail-lite.com/.