{"id":690077,"date":"2022-09-29T06:03:36","date_gmt":"2022-09-29T10:03:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/johnson-outdoors-announces-cash-dividend-increase-2\/"},"modified":"2022-09-29T06:03:36","modified_gmt":"2022-09-29T10:03:36","slug":"johnson-outdoors-announces-cash-dividend-increase-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/johnson-outdoors-announces-cash-dividend-increase-2\/","title":{"rendered":"Johnson Outdoors Announces Cash Dividend Increase"},"content":{"rendered":"<div class=\"mw_release\">\n<p>RACINE, Wis., Sept.  29, 2022  (GLOBE NEWSWIRE) &#8212; <strong>Johnson Outdoors Inc. (Nasdaq: JOUT)<\/strong>, a leading global innovator of outdoor recreation\u00a0equipment and technology, today announced approval by its Board of Directors of an increased quarterly cash dividend. Class A shareholders will now receive a $0.31 dividend per share and Class B shareholders a $0.2818 dividend per share.<\/p>\n<p>\u201cJohnson Outdoors\u2019 balance sheet remains strong, and the dividend increase reflects our confidence in our business performance and strategic plans,\u201d said David W. Johnson, Vice President and Chief Financial Officer.<\/p>\n<p>The quarterly cash dividend is payable on October 27, 2022, to shareholders of record at the close of business on October 13, 2022.<\/p>\n<p>\n        <strong><br \/>\n          <u>About Johnson Outdoors Inc. <\/u><br \/>\n        <\/strong>\n      <\/p>\n<p>\n        <strong>J<\/strong><br \/>\n        <strong>OHNSON <\/strong><br \/>\n        <strong>O<\/strong><br \/>\n        <strong>UTDOORS<\/strong> is a leading global innovator of outdoor recreation equipment and technologies that inspire more people to experience the awe of the great outdoors. The company designs, manufactures and markets a portfolio of winning, consumer-preferred brands across four categories: Watercraft Recreation, Fishing, Diving and Camping.\u00a0 Johnson Outdoors&#8217; iconic brands include: Old Town<sup>\u00ae<\/sup> canoes and kayaks; Ocean Kayak\u2122; Carlisle<sup>\u00ae<\/sup> paddles; Minn Kota<sup>\u00ae<\/sup> fishing motors, batteries and anchors; Cannon<sup>\u00ae<\/sup> downriggers; Humminbird<sup>\u00ae <\/sup>marine electronics and charts; SCUBAPRO<sup>\u00ae <\/sup>dive equipment; Jetboil<sup>\u00ae <\/sup>outdoor cooking systems; and, Eureka!<sup>\u00ae<\/sup>camping and hiking equipment.\u00a0<\/p>\n<p align=\"center\">\n        <strong>Visit Johnson Outdoors at <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=U1MkRgbfOYwacwocQIwh4IktyBvXCeTORkZwSITC7Ayi2dCL6nWbTkRpkKgZUpjDe7rFTHOnQkylRE_VjLstxya3zDkGL6lMqdVZ1I-zRU_ssQvDyEiJ-jfV5J1nwYLm\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <strong><br \/>\n            <u>http:\/\/www.johnsonoutdoors.com<\/u><br \/>\n          <\/strong><br \/>\n        <\/a>\n      <\/p>\n<p>\n        <strong><br \/>\n          <u>Safe Harbor Statement<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p>Certain matters discussed in this press release are \u201cforward-looking statements,\u201d intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical fact are considered forward-looking statements. These statements may be identified by the use of forward-looking words or phrases such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201cconfident,\u201d \u201ccould,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplanned,\u201d \u201cpotential,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cwould\u201d or the negative of those terms or other words of similar meaning. Such forward-looking statements are subject to certain risks and uncertainties, which could cause actual results or outcomes to differ materially from those currently anticipated. Factors that could affect actual results or outcomes include the matters described under the caption \u201cRisk Factors\u201d in Item 1A of the Company\u2019s Form 10-K filed with the Securities and Exchange Commission on December 10, 2021, and the following: changes in economic conditions, consumer confidence levels and discretionary spending patterns in key markets; uncertainties stemming from political instability (and its impact on the economies in jurisdictions where the Company has operations), changes in U.S. trade policies, tariffs, and the reaction of other countries to such changes; the global outbreaks of disease, such as the COVID-19 pandemic, which has affected, and may continue to affect, market and economic conditions, and the timing, pricing and continued availability of raw materials and components from our supply chain, along with wide-ranging impacts on employees, customers and various aspects of our operations; the Company\u2019s success in implementing its strategic plan, including its targeted sales growth platforms, innovation focus and its increasing digital presence; litigation costs related to actions of and disputes with third parties, including competitors; the Company\u2019s continued success in its working capital management and cost-structure reductions; the Company\u2019s success in integrating strategic acquisitions; the risk of future write-downs of goodwill or other long-lived assets; the ability of the Company\u2019s customers to meet payment obligations; the impact of actions of the Company\u2019s competitors with respect to product development or enhancement or the introduction of new products into the Company\u2019s markets; movements in foreign currencies, interest rates or commodity costs; fluctuations in the prices of raw materials or the availability of raw materials or components used by the Company; any disruptions in the Company\u2019s supply chain as a result of material fluctuations in the Company\u2019s order volumes and requirements for raw materials and other components necessary to manufacture and produce the Company\u2019s products; the success of the Company\u2019s suppliers and customers and the impact of any consolidation in the industries of the Company\u2019s suppliers and customers; the ability of the Company to deploy its capital successfully; unanticipated outcomes related to outsourcing certain manufacturing processes; unanticipated outcomes related to litigation matters; and adverse weather conditions and other factors impacting climate change legislation. Shareholders, potential investors and other readers are urged to consider these factors in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included herein are only made as of the date of this filing. The Company assumes no obligation, and disclaims any obligation, to update such forward-looking statements to reflect subsequent events or circumstances.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:40%;width:40%;min-width:40%\">\n            <strong>Johnson Outdoors Inc.<\/strong>\n          <\/td>\n<td style=\"max-width:60%;width:60%;min-width:60%\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n            <strong>David Johnson<\/strong>\n          <\/td>\n<td>\n            <strong>Patricia Penman<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td>VP &amp; Chief Financial Officer<\/td>\n<td>VP \u2013 Marketing Services &amp; Global Communications<\/td>\n<\/tr>\n<tr>\n<td>262-631-6600<\/td>\n<td>262-631-6600<\/td>\n<\/tr>\n<\/table>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1NTQzOSM1MTc3NjY1IzIwMDczNTM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/N2RkZmI0YzgtNGZkOS00YTdiLTk4YzAtYzlkZmEzNDcxYzhhLTEwMTg5MjY=\/tiny\/Johnson-Outdoors-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>RACINE, Wis., Sept. 29, 2022 (GLOBE NEWSWIRE) &#8212; Johnson Outdoors Inc. (Nasdaq: JOUT), a leading global innovator of outdoor recreation\u00a0equipment and technology, today announced approval by its Board of Directors of an increased quarterly cash dividend. Class A shareholders will now receive a $0.31 dividend per share and Class B shareholders a $0.2818 dividend per share. \u201cJohnson Outdoors\u2019 balance sheet remains strong, and the dividend increase reflects our confidence in our business performance and strategic plans,\u201d said David W. Johnson, Vice President and Chief Financial Officer. The quarterly cash dividend is payable on October 27, 2022, to shareholders of record at the close of business on October 13, 2022. About Johnson Outdoors Inc. J OHNSON O UTDOORS is a leading &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/johnson-outdoors-announces-cash-dividend-increase-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Johnson Outdoors Announces Cash Dividend Increase&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-690077","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Johnson Outdoors Announces Cash Dividend Increase - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/johnson-outdoors-announces-cash-dividend-increase-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Johnson Outdoors Announces Cash Dividend Increase - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"RACINE, Wis., Sept. 29, 2022 (GLOBE NEWSWIRE) &#8212; Johnson Outdoors Inc. (Nasdaq: JOUT), a leading global innovator of outdoor recreation\u00a0equipment and technology, today announced approval by its Board of Directors of an increased quarterly cash dividend. Class A shareholders will now receive a $0.31 dividend per share and Class B shareholders a $0.2818 dividend per share. \u201cJohnson Outdoors\u2019 balance sheet remains strong, and the dividend increase reflects our confidence in our business performance and strategic plans,\u201d said David W. Johnson, Vice President and Chief Financial Officer. The quarterly cash dividend is payable on October 27, 2022, to shareholders of record at the close of business on October 13, 2022. About Johnson Outdoors Inc. 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