Thor Industries Keeps Dividend Steady at $0.18
RV manufacturer Thor Industriesannounced yesterday its second-quarter dividend of $0.18 per share, the same rate it's paid for the past two quarters after raising the payout 20% from $0.15 per share.
The board of directors said the quarterly dividend is payable on June 28 to the holders of record at the close of business on June 18. The recreational vehicle maker has made quarterly payouts to investors since 1987. It paid a special dividend of $1.50 per share in December 2012.
The regular dividend payment equates to a $0.72-per-share annual dividend, yielding 1.7% based on the closing price of Thor Industries' stock on June 6.
The article Thor Industries Keeps Dividend Steady at $0.18 originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.