Thor Industries, Inc. Plans Quarterly Dividend of $0.52 (NYSE:THO)

Thor Industries, Inc. (NYSE:THO) declared a quarterly dividend on Tuesday, June 16th. Investors of record on Wednesday, July 1st will be given a dividend of 0.52 per share by the RV manufacturer on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Wednesday, July 1st.

Thor Industries has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 15 consecutive years. Thor Industries has a dividend payout ratio of 40.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Thor Industries to earn $4.56 per share next year, which means the company should continue to be able to cover its $2.08 annual dividend with an expected future payout ratio of 45.6%.

Thor Industries Price Performance

Shares of NYSE THO opened at $75.03 on Wednesday. Thor Industries has a fifty-two week low of $69.71 and a fifty-two week high of $122.83. The company has a 50 day simple moving average of $77.38 and a two-hundred day simple moving average of $93.44. The company has a market capitalization of $3.91 billion, a price-to-earnings ratio of 32.48, a P/E/G ratio of 2.02 and a beta of 1.32. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.80 and a current ratio of 1.71.

Thor Industries (NYSE:THO) last announced its earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.02). Thor Industries had a net margin of 2.67% and a return on equity of 5.74%. The business had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.67 billion. During the same period in the prior year, the business posted $2.53 EPS. Thor Industries’s revenue for the quarter was down 3.9% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. Analysts expect that Thor Industries will post 3.19 EPS for the current fiscal year.

About Thor Industries

Thor Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and related components for the leisure travel market. Through its family of well-known brands—such as Airstream, Heartland, Jayco, Keystone RV and Thor Motor Coach—the company designs, manufactures and sells a broad range of motorized and towable RVs, complemented by aftermarket parts and service solutions. Thor offers products that span travel trailers, fifth wheels, toy haulers and Class A, B and C motorhomes, addressing both entry-level and premium segments.

Founded in 1980 when Wade Thompson and Peter Orthwein acquired Airstream from Beatrice Foods, Thor Industries has grown organically and through strategic acquisitions to become one of the largest RV producers in the world.