Camping World Holdings (CWH) will raise its quarterly dividend by another 100 percent to $0.50 per share in Q3 of 2021. This marks the third dividend hike by CWH in 2021 for a whopping total increase of 455.6 percent. 

Payment of the next CWH dividend is expected to be made on September 28, 2021, to stockholders of record at the close of business on September 14, 2021. The Company’s regular dividend will increase from $0.25 per share to $0.50 per share on a quarterly basis, and from $1.00 per share to $2.00 per share on an annualized basis. This yields 5.4% to shareholders of Camping World.

Marcus Lemonis, Chairman and Chief Executive Officer stated, “We are pleased with our strong performance and disciplined cash management and remain focused on our long-term profitable growth and ability to consistently return capital to our stockholders on a go forward basis, evidenced by the 100% increase in our annualized dividend to $2.00 per share.”

As increased, the CWH Class A common stock cash dividend would be funded by a regular quarterly cash dividend of $0.15 per common unit cash distribution by CWGS Enterprises, LLC to all holders of its common units, and a $0.35 per share regular quarterly cash dividend representing a portion of excess tax distributions from CWGS Enterprises, LLC to holders of its common units.

Camping World Holdings, Inc., headquartered in Lincolnshire, IL, (together with its subsidiaries) is America’s largest retailer of RVs and related products and services. CWH's Camping World and Good Sam brands have been serving RV consumers since 1966 with an assortment of RV products and services with a national network of RV dealerships, service centers and customer support centers. The company has over 185 locations in 40 states, Camping World, and sister company Gander RV & Outdoors, have grown to become prime destinations for everything RV. The company initiated a dividend in 2016.