LONDON, UK / ACCESSWIRE / April 10, 2018 / Active-Investors has a free review on Johnson Outdoors Inc. (NASDAQ: JOUT) following the Company's announcement that it will begin trading ex-dividend on April 11, 2018. To capture the dividend payout, investors are required to purchase the stock a day prior to the ex-dividend date, that is by latest T the end of the trading session on April 10, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on JOUT:

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Dividend Declared

On March 02, 2018, Johnson Outdoors announced the approval by its Board of Directors of a quarterly cash dividend of $0.12 per Class A share and $0.1091 per Class B share, representing an 20% increase from the previous dividend rate announced on December 08, 2017. The quarterly cash dividend is payable on April 26, 2018, to shareholders of record at the close of business on April 12, 2018.

"This dividend increase is the result of the recent tax legislation, our strong balance sheet, and our continued confidence in our business performance and strategic plan," said David W. Johnson, Vice President and Chief Financial Officer of the Company.

Johnson Outdoors' indicated dividend represents a yield of 0.76% compared to the average dividend yield of 1.85% for the Consumer Goods sector. The Company has raised dividend for four consecutive years.

Dividend Insight

Johnson Outdoors has a dividend payout ratio of 12.5%, which means that the Company spends approximately $0.13 for dividend distribution out of every $1.00 earned. The dividend payout ratio reflects the amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts' estimates, Johnson Outdoors is forecasted to report earnings of $4.06 for the next year, which is substantially higher than the Company's annualized dividend of $0.48 per share.

At December 29, 2017, Johnson Outdoors reported cash and short-term investments, net of debt, of $78.3 million versus $38.9 million in the prior year. As on December 29, 2017, the Company's total current assets were $244.56 million, while current liabilities were $85.59 million. Johnson Outdoors' balance sheet remains strong, providing the Company financial capacity and flexibility to strategically invest in growing its business while also paying a cash dividend to the shareholders.

About Johnson Outdoors Inc.

Johnson Outdoors is a leading global outdoor recreation Company that inspires more people to experience the awe of the great outdoors with innovative, top-quality products. The Company designs, manufactures and markets a portfolio of winning, consumer-preferred brands across four categories: Watercraft Recreation, Fishing, Diving, and Camping.

Johnson Outdoors was founded in 1970 and is headquartered in Racine, Wisconsin.

Stock Performance Snapshot

April 09, 2018 - At Monday's closing bell, Johnson Outdoors' stock slightly advanced 0.11%, ending the trading session at $62.98.

Volume traded for the day: 18.66 thousand shares.

Stock performance in the past twelve-month period ? up 78.41%; and year-to-date ? up 1.43%

After yesterday's close, Johnson Outdoors' market cap was at $636.10 million.

Price to Earnings (P/E) ratio was at 16.56.

The stock has a dividend yield of 0.76%.

The stock is part of the Consumer Goods sector, categorized under the Sporting Goods industry. This sector was up 0.1% at the end of the session.

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