Despite losing $31.1 million during the three months ended July 30; Fleetwood will pay a regular quarterly cash dividend of 19 cents a share.
The dividend will be payable Nov. 8 to shareholders of record as of Oct. 6.
Fleetwood has 32.7 million shares outstanding, so the 19 cents a share dividend will represent a cash outlay of $6.2 million.
The three-month period ended July 30 was the first quarter of Fleetwood’s fiscal year 2001.
Fleetwood blamed the first fiscal quarter loss on weak motorhome and manufactured housing sales.