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ELKHART, Ind. - THOR Industries, Inc. (NYSE:THO), a $5.5 billion market cap recreational vehicle manufacturer, announced today that its Board of Directors has approved a regular quarterly cash dividend of $0.52 per share. The dividend will be payable on November 6, 2025, to shareholders of record at the close of business on October 23, 2025.
The announcement came following the board’s meeting held on Wednesday, according to a company press release statement.
THOR Industries describes itself as the sole owner of operating companies that collectively represent the world’s largest manufacturer of recreational vehicles.
The company’s dividend declaration comes amid ongoing industry challenges including fluctuating raw material costs, supply chain considerations, and changing consumer spending patterns that affect the recreational vehicle market.
The quarterly dividend maintains THOR’s consistent shareholder return program as the company navigates market conditions affecting the RV manufacturing sector.
In other recent news, Thor Industries reported fourth-quarter 2025 earnings that surpassed analyst expectations, although the company issued cautious guidance for fiscal year 2026. Revenue and earnings were notably above projections, with KeyBanc describing the beats as "wider than expected." Following these results, BMO Capital raised its price target for Thor Industries to $115, maintaining an Outperform rating. DA Davidson also increased its price target to $102, citing "potential green shoots" after the company’s earnings announcement and an analyst trip to Open House. Benchmark, however, maintained its Hold rating on Thor Industries, pointing to ongoing challenges in the European markets that could affect performance. The firm adjusted its financial model to account for European seasonality, anticipating a weaker first half of fiscal 2026. Meanwhile, KeyBanc reiterated its Sector Weight rating, reflecting a cautious outlook despite the strong quarterly performance. These developments highlight a mixed sentiment among analysts regarding Thor Industries’ future prospects.
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