Drew Declares Special Dividend

MarketWatch informs MHProNews White Plains, New York-based Drew Industries announced it has declared a special cash dividend of $2.00 per share common stock payable on Dec. 20, 2012 to shareholders of record as of Dec. 10, 2012. Drew’s president and CEO Fred Zinn says, “This special dividend reflects the board’s confidence in the financial strength of the company as well as the company’s positive long-term outlook.” Through its wholly-owned subsidiaries, Kinro, Inc. and Lippert Components, Inc., Drew provides the manufactured housing and recreational vehicle markets with a wide array of components. Drew closed up today +2.14% to end at 32.94.

(Image credit: Drew Industries, Inc.)

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