Johnson Outdoors Inc. (NASDAQ:JOUT) announced a quarterly dividend on Friday, December 8th, Zacks reports. Stockholders of record on Thursday, January 11th will be paid a dividend of 0.10 per share on Thursday, January 25th. This represents a $0.40 annualized dividend and a dividend yield of 0.64%. The ex-dividend date of this dividend is Wednesday, January 10th.

Shares of Johnson Outdoors (NASDAQ:JOUT) opened at $62.77 on Friday. Johnson Outdoors has a 12 month low of $31.25 and a 12 month high of $76.18. The firm has a market cap of $628.17, a price-to-earnings ratio of 17.93 and a beta of 0.67.

In other news, Director Richard Case Sheahan sold 4,434 shares of the company’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $61.65, for a total value of $273,356.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 28.03% of the company’s stock.

Several equities research analysts have recently weighed in on the stock. ValuEngine downgraded shares of Johnson Outdoors from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Zacks Investment Research downgraded shares of Johnson Outdoors from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 10th. Finally, Imperial Capital reissued an “outperform” rating and issued a $70.00 target price (up previously from $63.00) on shares of Johnson Outdoors in a research note on Friday, December 15th. One analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $71.67.

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About Johnson Outdoors

Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products. The Company operates through four segments: Marine Electronics, Outdoor Equipment, Watercraft and Diving. Its Marine Electronics segment’s brands are Minn Kota, Humminbird and Cannon. Its Outdoor Equipment segment’s brands are Eureka!, Jetboil and Silva.

Dividend History for Johnson Outdoors (NASDAQ:JOUT)

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