Drew Declares Good Draw for Stockholders

Elkhart, Indiana-based Drew Industries, Inc. has announced a special cash dividend of $2.00 per share of common stock to stockholders on record as of Dec. 20, 2013, payable on Jan. 6, 2014. “We are pleased to demonstrate our continued commitment to shareholder value through this special dividend,” said Jason Lippert, Drew’s CEO. “It reflects the Board’s confidence in the Company’s consistent financial performance and in its long-term strategic goals.” SacBee.com reports Drew’s Joe Giordano says the company will continue to grow sales through acquisitions and innovative products. As MHProNews knows, Drew supplies a myriad of components to the manufactured housing and recreational vehicle markets through its Kinro and Lippert Components subsidiaries. Drew’s (DW) stock closed unchanged Fri., Nov. 22 at $51.46.

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