Winnebago’s having a good year, and will send out its regular dividends quarterly instead of semiannually. Winnebago Chief Financial Officer and VP Ed Barker says that means double the income for stockholders. Barker says the company’s been paying two ten-cent dividends a year on each share of stock, and will double that, beginning in October. Barker says 2003 has seen a recovery of Winnebago’s profits and expansion. He says the Iraq war put apprehension into some consumers, but since May and June they’ve regained confidence about things stabilizing. Barker says though the war in Iraq quenched consumer confidence for a while, it’s rebounded, and so have profits.The price of the company’s stock is also up substantially since spring: he says it’d slid down to 25-dollars but Tuesday it closed at 48. Winnebago has about seven-thousand shareholders.
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