Camping World Declares Quarterly Dividend, Payment Expected to Be Made on December 29, 2021
November 22, 2021 at 08:15 am EST
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Camping World Holdings, Inc. announced that its Board of Directors declared a regular cash dividend of $0.50 per share on the Company?s Class A Common Stock. Payment is expected to be made on December 29, 2021, to stockholders of record at the close of business on December 14, 2021. 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, receipt of excess tax distributions from CWGS Enterprises, LLC, its business prospects and other factors that Camping World?s Board of Directors may deem relevant.
Camping World Holdings, Inc. is a retailer of recreational vehicles (RVs) and related products and services. The Company operates through two segments: Good Sam Services and Plans and RV and Outdoor Retail. The Good Sam Services and Plans segment consists of programs, plans, and services that are geared towards protecting, insuring and promoting the RV lifestyle and include services, such as extended vehicle service contracts, vehicle roadside assistance, property and casualty insurance, travel protection, travel planning and directories, and publications. The RV and Outdoor Retail segment consists of all aspects of its RV dealership operations, which includes selling new and used RVs, assisting with the financing of new and used RVs, selling protection and insurance related services and plans for RVs, servicing and repairing new and used RVs, installing RV parts and accessories, and selling RV and outdoor related products, parts and accessories.