Winnebago board approves 50% dividend increase

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Winnebago Industries Inc. WGO, -3.30% said late Wednesday its board of directors approved a 50% dividend increase to 27 cents a share. The dividend is payable on Sept. 28 to shareholders of record at the close on Sept. 14, the RV company said. The board also approved a new stock buyback authorization of up to $350 million, which replaces a previous $200 million repurchase program that was “fully depleted,” the company said.

This article was originally published by Marketwatch.com. Read the original article here.

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