THO) as the Company's stock will begin trading ex-dividend on October 23, 2017. In order to capture the dividend payout, investors are required to purchase the stock a day prior (excluding weekend) to the ex-dividend date that is by latest at the end of trading session on October 20, 2017. Are you looking for research on dividend stocks, if so register with us now for your free membership at:

http://protraderdaily.com/register/

Today, PRO-TD covers ex-dividend news on THO. Get our free coverage by signing up at:

http://protraderdaily.com/optin/?symbol=THO

Dividend Declared

On October 10, 2017, Thor Industries announced that its Board of Directors approved, at their October 10 meeting, an increase in the amount of Thor Industries' regular quarterly dividend to $0.37 per share from $0.33 per share, an increase of 12%. The regular dividend is payable on November 07, 2017, to shareholders of record at the close of business on October 24, 2017.

Thor Industries indicated dividend represents a yield of 1.14% compared to the average dividend yield of 1.76% for the Consumer Goods sector. The Company has raised dividends on its common stock for seven years in a row.

Dividend Insights

Thor Industries has a dividend payout ratio of 18.2%, which means that the Company distributes approximately $0.18 for every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/ or to add to its cash reserves.

According to analysts' estimates, Thor Industries is estimated to report earnings of $8.93 for the next year, which ia substantially above which the Company's annualized dividend of $1.48 per share.

As of July 31, 2017, Thor Industries held $223.26 million of cash compared to $209.90 million as on July 31, 2016. For the fiscal year 2017, the Company's operating cash flow increased 22.9% to $419.3 million compared to $341.2 million for fiscal 2016. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain its dividend distribution for a long period.

Recent Development for Thor Industries

On October 12, 2017, Thor Industries announced that its Board of Directors has formally approved a policy promoting diversity within the Board. The policy requires all initial lists of candidates from which new director nominees are chosen by the Board's Nominating and Governance Committee to include qualified candidates with diversity of race, ethnicity, and gender.

Peter B. Orthwein, Chairman of the Board of Directors, stated:

"Thor's Board of Directors recognizes the importance of diversity within its ranks. Although the Board has followed this policy in prior director searches, the Board has formally adopted this policy to serve as an expression and reaffirmation of its dedication to drive that diversity."

About Thor Industries

Thor Industries, through its subsidiaries, designs, manufactures, and sells recreational vehicles, and related parts and accessories primarily in the United States and Canada. It operates through Towable Recreational Vehicles and Motorized Recreational Vehicles segments. The Company markets its recreational vehicles through independent dealers. Thor Industries was founded in 1980 and is based in Elkhart, Indiana.

Stock Performance

At the closing bell, on Thursday, October 19, 2017, Thor Industries' stock slightly slipped 0.26%, ending the trading session at $130.36. A total volume of 450.24 thousand shares have exchanged hands. The Company's stock price skyrocketed 25.12% in the last three months, 42.00% in the past six months, and 59.03% in the previous twelve months. Moreover, the stock soared 30.29% since the start of the year. The stock is trading at a PE ratio of 18.38 and has a dividend yield of 1.01%. The stock currently has a market cap of $6.80 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

ReleaseID: 478365

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MarketersMEDIA / Newsroom / Dividend Coverage: This Recreational Vehicle Manufacturer Raised its Dividend by 12%; Will Trade Ex-Dividend on October 23, 2017

Dividend Coverage: This Recreational Vehicle Manufacturer Raised its Dividend by 12%; Will Trade Ex-Dividend on October 23, 2017

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LONDON, UK / ACCESSWIRE / October 20, 2017 / Pro-Trader Daily takes a closer look at Thor Industries, Inc. (NYSE: THO) as the Company's stock will begin trading ex-dividend on October 23, 2017. In order to capture the dividend payout, investors are required to purchase the stock a day prior (excluding weekend) to the ex-dividend date that is by latest at the end of trading session on October 20, 2017. Are you looking for research on dividend stocks, if so register with us now for your free membership at:

http://protraderdaily.com/register/

Today, PRO-TD covers ex-dividend news on THO. Get our free coverage by signing up at:

http://protraderdaily.com/optin/?symbol=THO

Dividend Declared

On October 10, 2017, Thor Industries announced that its Board of Directors approved, at their October 10 meeting, an increase in the amount of Thor Industries' regular quarterly dividend to $0.37 per share from $0.33 per share, an increase of 12%. The regular dividend is payable on November 07, 2017, to shareholders of record at the close of business on October 24, 2017.

Thor Industries indicated dividend represents a yield of 1.14% compared to the average dividend yield of 1.76% for the Consumer Goods sector. The Company has raised dividends on its common stock for seven years in a row.

Dividend Insights

Thor Industries has a dividend payout ratio of 18.2%, which means that the Company distributes approximately $0.18 for every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/ or to add to its cash reserves.

According to analysts' estimates, Thor Industries is estimated to report earnings of $8.93 for the next year, which ia substantially above which the Company's annualized dividend of $1.48 per share.

As of July 31, 2017, Thor Industries held $223.26 million of cash compared to $209.90 million as on July 31, 2016. For the fiscal year 2017, the Company's operating cash flow increased 22.9% to $419.3 million compared to $341.2 million for fiscal 2016. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain its dividend distribution for a long period.

Recent Development for Thor Industries

On October 12, 2017, Thor Industries announced that its Board of Directors has formally approved a policy promoting diversity within the Board. The policy requires all initial lists of candidates from which new director nominees are chosen by the Board's Nominating and Governance Committee to include qualified candidates with diversity of race, ethnicity, and gender.

Peter B. Orthwein, Chairman of the Board of Directors, stated:

"Thor's Board of Directors recognizes the importance of diversity within its ranks. Although the Board has followed this policy in prior director searches, the Board has formally adopted this policy to serve as an expression and reaffirmation of its dedication to drive that diversity."

About Thor Industries

Thor Industries, through its subsidiaries, designs, manufactures, and sells recreational vehicles, and related parts and accessories primarily in the United States and Canada. It operates through Towable Recreational Vehicles and Motorized Recreational Vehicles segments. The Company markets its recreational vehicles through independent dealers. Thor Industries was founded in 1980 and is based in Elkhart, Indiana.

Stock Performance

At the closing bell, on Thursday, October 19, 2017, Thor Industries' stock slightly slipped 0.26%, ending the trading session at $130.36. A total volume of 450.24 thousand shares have exchanged hands. The Company's stock price skyrocketed 25.12% in the last three months, 42.00% in the past six months, and 59.03% in the previous twelve months. Moreover, the stock soared 30.29% since the start of the year. The stock is trading at a PE ratio of 18.38 and has a dividend yield of 1.01%. The stock currently has a market cap of $6.80 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

ReleaseID: 478365

LONDON, UK / ACCESSWIRE / October 20, 2017 / Pro-Trader Daily takes a closer look at Thor Industries, Inc. (NYSE: THO) as the Company's stock will begin trading ex-dividend on October 23, 2017. In order to capture the dividend payout, investors are required to purchase the stock a day prior (excluding weekend) to the ex-dividend date that is by latest at the end of trading session on October 20, 2017. Are you looking for research on dividend stocks, if so register with us now for your free membership at:

http://protraderdaily.com/register/

Today, PRO-TD covers ex-dividend news on THO. Get our free coverage by signing up at:

http://protraderdaily.com/optin/?symbol=THO

Dividend Declared

On October 10, 2017, Thor Industries announced that its Board of Directors approved, at their October 10 meeting, an increase in the amount of Thor Industries' regular quarterly dividend to $0.37 per share from $0.33 per share, an increase of 12%. The regular dividend is payable on November 07, 2017, to shareholders of record at the close of business on October 24, 2017.

Thor Industries indicated dividend represents a yield of 1.14% compared to the average dividend yield of 1.76% for the Consumer Goods sector. The Company has raised dividends on its common stock for seven years in a row.

Dividend Insights

Thor Industries has a dividend payout ratio of 18.2%, which means that the Company distributes approximately $0.18 for every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/ or to add to its cash reserves.

According to analysts' estimates, Thor Industries is estimated to report earnings of $8.93 for the next year, which ia substantially above which the Company's annualized dividend of $1.48 per share.

As of July 31, 2017, Thor Industries held $223.26 million of cash compared to $209.90 million as on July 31, 2016. For the fiscal year 2017, the Company's operating cash flow increased 22.9% to $419.3 million compared to $341.2 million for fiscal 2016. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain its dividend distribution for a long period.

Recent Development for Thor Industries

On October 12, 2017, Thor Industries announced that its Board of Directors has formally approved a policy promoting diversity within the Board. The policy requires all initial lists of candidates from which new director nominees are chosen by the Board's Nominating and Governance Committee to include qualified candidates with diversity of race, ethnicity, and gender.

Peter B. Orthwein, Chairman of the Board of Directors, stated:

"Thor's Board of Directors recognizes the importance of diversity within its ranks. Although the Board has followed this policy in prior director searches, the Board has formally adopted this policy to serve as an expression and reaffirmation of its dedication to drive that diversity."

About Thor Industries

Thor Industries, through its subsidiaries, designs, manufactures, and sells recreational vehicles, and related parts and accessories primarily in the United States and Canada. It operates through Towable Recreational Vehicles and Motorized Recreational Vehicles segments. The Company markets its recreational vehicles through independent dealers. Thor Industries was founded in 1980 and is based in Elkhart, Indiana.

Stock Performance

At the closing bell, on Thursday, October 19, 2017, Thor Industries' stock slightly slipped 0.26%, ending the trading session at $130.36. A total volume of 450.24 thousand shares have exchanged hands. The Company's stock price skyrocketed 25.12% in the last three months, 42.00% in the past six months, and 59.03% in the previous twelve months. Moreover, the stock soared 30.29% since the start of the year. The stock is trading at a PE ratio of 18.38 and has a dividend yield of 1.01%. The stock currently has a market cap of $6.80 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

ReleaseID: 478365

Source URL: https://marketersmedia.com/dividend-coverage-this-recreational-vehicle-manufacturer-raised-its-dividend-by-12-will-trade-ex-dividend-on-october-23-2017/253061

Source: AccessWire

Release ID: 253061

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