Thor Industries, Inc. (THO) announced today that its Board of Directors has authorized an increase of its regular quarterly dividend to 10 cents per share. This represents a 43% increase over Thor’s previous regular dividend of 7 cents per share.
The new regular dividend will be paid on October 18, 2010.
Jackson Center, Ohio-based Thor manufactures and sells a range of recreation vehicles and small and mid-size buses, as well as related parts and accessories in the United States and Canada.
Shares of THO are higher on the session by 74 cents, or 2.22%, currently trading at $34.14.