Thor Industries, Inc.’s Board of Directors approved the payment of a regular quarterly cash dividend of $0.48 per share.
The decision came at the board’s Dec. 14 meeting.
The regular cash dividend is payable Jan. 11, 2024, to shareholders of record at the close of business Dec. 28.
With about 53.32 million shares outstanding, according to Yahoo Finance, the dividend payment will cost $25.59 million. Annually, the dividend payment would cost Thor $102.37 million.
Thor increased its dividend in October, the 14th consecutive fall in which Thor increased its dividend.