At the end of July 21, 2023, Thor Industries THO will reward its shareholders with a dividend payout of $0.45 per share, demonstrating an annualized dividend yield of 1.87%. Remember, only investors who held the stock before the ex-dividend date on July 06, 2023 will receive this payout.
Thor Industries Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-07-06 | 4 | $0.45 | 1.87% | 2023-06-22 | 2023-07-07 | 2023-07-21 |
| 2023-04-11 | 4 | $0.45 | 2.35% | 2023-03-28 | 2023-04-12 | 2023-04-26 |
| 2022-12-29 | 4 | $0.45 | 2.15% | 2022-12-15 | 2022-12-30 | 2023-01-13 |
| 2022-10-25 | 4 | $0.45 | 2.3% | 2022-10-12 | 2022-10-26 | 2022-11-09 |
| 2022-07-01 | 4 | $0.43 | 2.41% | 2022-06-21 | 2022-07-05 | 2022-07-19 |
| 2022-04-05 | 4 | $0.43 | 2.03% | 2022-03-22 | 2022-04-06 | 2022-04-20 |
| 2021-12-29 | 4 | $0.43 | 1.69% | 2021-12-16 | 2021-12-30 | 2022-01-13 |
| 2021-10-21 | 4 | $0.43 | 1.42% | 2021-10-07 | 2021-10-22 | 2021-11-05 |
| 2021-07-01 | 4 | $0.41 | 1.56% | 2021-06-18 | 2021-07-02 | 2021-07-16 |
| 2021-03-31 | 4 | $0.41 | 1.08% | 2021-03-18 | 2021-04-02 | 2021-04-16 |
| 2020-12-31 | 4 | $0.41 | 1.76% | 2020-12-18 | 2021-01-04 | 2021-01-18 |
| 2020-10-22 | 4 | $0.41 | 1.68% | 2020-10-09 | 2020-10-23 | 2020-11-06 |
With a dividend yield that places it neither at the top nor the bottom, Thor Industries finds itself in the middle among its industry peers, while Ford Motor F boasts the highest annualized dividend yield at 4.28%.
Analyzing Thor Industries Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $1.58 to $1.76, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Thor Industries
From 2019 to 2022, Thor Industries experienced a growth in earnings per share, with an increase from $4.92 to $18.79. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
This article delves into the recent dividend payout of Thor Industries and its implications for shareholders. Presently, the company is distributing a dividend of $0.45 per share, leading to an annualized dividend yield of 1.87%.
With a dividend yield that places it neither at the top nor the bottom, Thor Industries finds itself in the middle among its industry peers, while Ford Motor boasts the highest annualized dividend yield at 4.28%.
The upward trend in dividend per share and earnings per share for Thor Industries from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.
\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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