N@N

Polaris Industries Announces Increase in Cash Dividend

  //house-home.news-articles.net/content/2009/01/2 .. ustries-announces-increase-in-cash-dividend.html
  Published in House and Home on Thursday, January 22nd 2009 at 15:11 GMT, Last Modified on 2009-01-22 15:11:48 by Market Wire

MINNEAPOLIS--([ BUSINESS WIRE ])--Polaris Industries Inc. (NYSE:PII) announced today that its Board of Directors has approved a three percent increase in the regular quarterly cash dividend, which represents the 14th consecutive year of Polaris increasing its dividend, effective with the 2009 first quarter dividend. The first quarter dividend of $0.39 will be payable on February 17, 2009 to shareholders of record at the close of business on February 3, 2009.

Scott Wine, Polaris' CEO, commented, "We remain proud of our 14 year history of increasing dividend payments as it reflects the strength of our cash flows, the health of our balance sheet, and our confidence in the long-term growth prospects for the company despite the current challenging global economic environment. Dividends are one of the important ways we can continue to deliver value to our shareholders."

About Polaris

With annual 2007 sales of $1.8 billion, Polaris designs, engineers, manufactures and markets all-terrain vehicles (ATVs), including the Polaris RANGER™, snowmobiles and Victory motorcycles for recreational and utility use.

Polaris is a recognized leader in the snowmobile industry; and one of the largest manufacturers of ATVs in the world. Victory motorcycles, established in 1998 and representing the first all-new American-made motorcycle from a major company in nearly 60 years, are rapidly making impressive in-roads into the cruiser and touring motorcycle marketplace. Polaris also enhances the riding experience with a complete line of Pure Polaris apparel, accessories and parts, available at Polaris dealerships.

Polaris Industries Inc. trades on the New York Stock Exchange under the symbol "PII," and the Company is included in the S&P Small-Cap 600 stock price index.

Information about the complete line of Polaris products, apparel and vehicle accessories is available from authorized Polaris dealers or anytime from the Polaris homepage at [ www.polarisindustries.com ].