Drew Industries (DW) will initiate a quarterly dividend of $0.30 per share. The supplier of components for equipment manufacturers of recreational vehicles and adjacent industries has paid multiple special dividends since 2010.
Special dividends of $2 per share were paid in 2015, 2013 and 2012, preceeded by a special dividend of $1.5 paid in 2010.
Drew Industries supplies components for original equipment manufacturers of recreational vehicles; buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular. The Company also supplies components to the related aftermarkets of these industries primarily by selling to retail dealers, wholesale distributors and service centers.