Camping World Raises Special Quarterly Dividend by 75%
Camping World Holdings (NYSE: CWH), which has an unusual dual-dividend, shareholder-payout structure, is lifting one of its distributions. The company announced Thursday that it's lifting its quarterly special dividend; this will now be $0.14 per share, up from the previous $0.08. It has not yet specified when this will be paid.
In the announcement, the company quoted its CEO Marcus Lemonis:
This dividend increase is a reflection of our strong financial and cash position, our performance and the continued confidence in our abilities to generate long-term profitable growth and return capital to our shareholders.
Source Fool.com
