Today, Thor Industries’ Board of Directors approved a 4.2% increase in the manufacturer’s regular quarterly dividend.
The dividend will be $0.50 per share. The dividend is payable Nov. 15 to shareholders of record at the close of business Nov. 1.
Thor Industries has about 52.93 million shares outstanding, according to Yahoo Finance. The dividend payment will return about $26.47 million to shareholders.
This is the first time the company increased its dividend since last October.
