Thor Industries Dividends
THO Stock | USD 112.18 1.65 1.49% |
As of the 25th of November 2024, Dividends Paid is likely to grow to about 107.2 M, while Dividend Yield is likely to drop 0.01. Thor Industries' past performance could be the main factor of why investors trade Thor Industries stock today. Investors should clearly understand every aspect of the Thor Industries dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Thor Industries' dividend schedule and payout information. Thor Industries dividends can also provide a clue to the current valuation of Thor Industries.
Number Of Dividends | Years Issued 35 | Previous Year 4 Times | Current Year 3 Times | Year Average 4.03 | Volatility 0.3 |
Last Reported | Projected for Next Year | ||
Dividends Paid | 102.1 M | 107.2 M | |
Dividend Yield | 0.02 | 0.01 | |
Dividend Payout Ratio | 0.38 | 0.21 | |
Dividend Paid And Capex Coverage Ratio | 2.26 | 2.05 |
Thor |
Investing in dividend-paying stocks, such as Thor Industries is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Thor Industries must own a stock before its ex-dividend date to receive its next dividend.
Thor Industries Dividends Paid Over Time
Today, most investors in Thor Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Thor Industries' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Thor Industries dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
Timeline |
Thor Industries Historical Dividend Yield Growth
A solid dividend growth pattern of Thor Industries could indicate future dividend growth is likely, which can signal long-term profitability for Thor Industries. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Thor Industries dividend as a percentage of Thor Industries stock price. Thor Industries dividend yield is a measure of Thor Industries stock productivity, which can be interpreted as interest rate earned on an Thor Industries investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
Timeline |
Recent Thor Industries Dividends Paid (per share)
Dividends Paid |
Timeline |
Thor Industries Expected Dividend Income Per Share
Dividend payment represents part of Thor Industries' profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Thor Industries. Thor Industries' board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$1.66 Bottom Scenario | $1.72 | $1.77 Top Scenario |
One Year
Thor Industries expected dividend income per share adjusted for ongoing price standard deviation
Thor Industries Past Distributions to stockholders
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thor Industries. If investors know Thor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.001 | Dividend Share 1.92 | Earnings Share 4.94 | Revenue Per Share 188.614 | Quarterly Revenue Growth (0.07) |
The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.