Camping World declares regular and special dividend

LINCOLNSHIRE, Ill. — Camping World Holdings announces that its Board of Directors declared a cash dividend of $0.1532 per share on the company’s Class A common stock and a cash distribution of $0.08 per common unit on CWGS Enterprises, LLC’s common units. Payment is expected to be made on June 29, to stockholders of record at the close of business on June 15.

The CWH Class A common stock cash dividend is comprised of a regular quarterly cash dividend of $0.08 per share funded by the $0.08 per common unit cash distribution by CWGS Enterprises LLC to all holders of its common units, and a $0.0732 per share special cash dividend representing a portion of excess tax distributions from CWGS Enterprises LLC.

Future declarations of quarterly dividends are subject to the determination and discretion of Camping World’s Board of Directors based on its consideration of various factors, including the company’s results of operations, financial condition, level of indebtedness, anticipated capital requirements, contractual restrictions, restrictions in its debt agreements, restrictions under applicable law, its business prospects and other factors that Camping World’s Board of Directors may deem relevant. In addition to the regular quarterly dividend, Camping World intends to continue to pay a special cash dividend of all or a portion of excess tax distributions to holders of Camping World Class A common stock.

SOURCE: Camping World Holdings press release

Ronnie Wendt

Ronnie Wendt

Ronnie Wendt has been a writer/editor for more than 25 years, working in law enforcement, aviation, supply chain and the RV industry. She's not a stranger to RVs, however. She grew up camping, and still camps as many weekends as she can every year. She is the owner of In Good Company Communications and can be reached at ingoodcompanycommunications@gmail.com.

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