Johnson Outdoors (JOUT) will raise its quarterly dividend by 20 percent to $0.12 per share in the first quarter of 2018. This follows a dividend hike of 11.1 percent by JOUT last year.

The next dividend is payable on April 26, 2018, to shareholders of record as of April 12, 2018. The ex-dividend date is April 11, 2018. The new dividend yield for the company is 0.8% based on the new annual amount of $0.48 per share.

Johnson Outdoors Inc. is a manufacturer of outdoor recreation equipment and technologies. The company designs, manufactures and markets a portfolio of brands across four categories: Watercraft Recreation, Fishing, Diving and Camping.  Johnson Outdoors' brands include: Old Town canoes and kayaks; Ocean Kayak; Carlisle paddles; Minn Kota fishing motors, batteries and anchors; Cannon downriggers; Humminbird marine electronics and charts; SCUBAPRO dive equipment; Jetboil outdoor cooking systems; and, Eureka!camping and hiking equipment. Johnson Outdoors reinstated a quarterly dividend in 2013.