Thor Industries, Inc.’s Board of Directors approved the payment of a regular quarterly cash dividend of $0.43 per share.
The decision came at the board’s March 22 meeting.
The regular cash dividend is payable April 20 to shareholders of record at the close of business April 6.
Thor’s board of directors raised the dividend 5% to 43 cents a share in October. With about 55 million shares outstanding, according to Bloomberg, the dividend payment will cost $23.65 million a quarter, or $94.6 million annually.
Each fall since 2010, the RV manufacturer increased its quarterly dividend.
