THOR Industries, Inc.
THOConsumer Cyclical · Recreational Vehicles · Stock · quarterly payer
Forward Yield
3.16%
Annual Dividend
$2.16
Payout Ratio
62%
5-Yr Growth
4.5%
Ex-Date
Oct 27, 2026
Frequency
Quarterly
Key facts about THO's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, THOR Industries, Inc. (THO) has a forward dividend yield of 3.16%, based on an annual dividend of $2.16 per share and a share price of $68.44.
- As of Oct 18, 2026, THO's dividend safety grade from SmarterDividends is A (88 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, THOR Industries, Inc. (THO) has raised its dividend for 16 consecutive years as of Oct 18, 2026.
- THO has never cut its regular dividend in the payment history SmarterDividends has on record.
- THO's next ex-dividend date is Oct 27, 2026, with payment on Nov 10, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 18, 2026, THO pays out 62% of its trailing 12-month earnings as dividends (its payout ratio).
- THO's dividend has grown at an average rate of 4.5% a year over the past five years.
- As of Oct 18, 2026, THO's 3.16% yield is 75% above its five-year average yield of 1.81%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for THO is $63.44 per share, 7% below the $68.44 share price, so THO screens as fairly valued.
- THOR Industries, Inc. (THO) pays its dividend quarterly, 4 times a year.
- THOR Industries, Inc. (THO) has raised its regular dividend 22 times and cut it 0 times across the 158 payments on record since 1987. Its most recent change was a 4.0% increase to $0.520 per share, going ex-dividend on Oct 23, 2025.
Cite this page
SmarterDividends, "THO Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/THO
Summary
As of Oct 18, 2026, THOR Industries, Inc. (THO) yields 3.16% ($2.16 a year per share), has a dividend safety grade of A (88/100) and has 16 consecutive years of dividend increases on record.
Is THO a good dividend stock?
YesTHOR Industries, Inc. (THO) pays a quarterly dividend yielding 3.16% ($2.16/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 16 consecutive years of dividend growth
- Never cut its dividend on record
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.16%
- Payout Ratio
- 62%
- Annual Dividend
- $2.16
- 5-Yr Avg Growth
- 4.5%
- Ex-Dividend Date
- Oct 27, 2026
- Years of Growth
- 16
- Frequency
- quarterly
- Beta
- 1.42
- Market Cap
- $3.5B
- P/E Ratio
- 20.2
- 5-Yr Total Return
- -35%
- 52-Week Range
- $62.83 – $122.83
- Dividend Safety
- A · 88/100
- Ever Cut?
- No
THO dividend raises and cuts
THOR Industries, Inc. (THO) has raised its regular dividend 22 times and cut it 0 times across the 158 payments on record since 1987. Its most recent change was a 4.0% increase to $0.520 per share, going ex-dividend on Oct 23, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Oct 23, 2025 | Raise | $0.500 → $0.520 | +4.0% |
| Nov 1, 2024 | Raise | $0.480 → $0.500 | +4.2% |
| Oct 31, 2023 | Raise | $0.450 → $0.480 | +6.7% |
| Oct 25, 2022 | Raise | $0.430 → $0.450 | +4.7% |
| Oct 21, 2021 | Raise | $0.410 → $0.430 | +4.9% |
| Oct 22, 2020 | Raise | $0.400 → $0.410 | +2.5% |
| Oct 24, 2019 | Raise | $0.390 → $0.400 | +2.6% |
| Oct 24, 2018 | Raise | $0.370 → $0.390 | +5.4% |
| Oct 23, 2017 | Raise | $0.330 → $0.370 | +12.1% |
| Oct 20, 2016 | Raise | $0.300 → $0.330 | +10.0% |
| Oct 14, 2015 | Raise | $0.270 → $0.300 | +11.1% |
| Oct 15, 2014 | Raise | $0.230 → $0.270 | +17.4% |
Show all 22 changes since 1992
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Oct 16, 2013 | Raise | $0.180 → $0.230 | +27.8% |
| Sep 20, 2012 | Raise | $0.150 → $0.180 | +20.0% |
| Sep 28, 2011 | Raise | $0.100 → $0.150 | +50.0% |
| Oct 14, 2010 | Raise | $0.0700 → $0.100 | +42.9% |
| Mar 15, 2006 | Raise | $0.0500 → $0.0700 | +40.0% |
| Sep 14, 2005 | Raise | $0.0300 → $0.0500 | +66.7% |
| Mar 10, 2004 | Raise | $0.0150 → $0.0300 | +100.0% |
| Oct 2, 2003 | Raise | $0.0100 → $0.0150 | +50.0% |
| Jun 12, 2003 | Raise | $0.0050 → $0.0100 | +100.0% |
| Jun 15, 1992 | Raise | $0.0033 → $0.0050 | +50.0% |
Frequently Asked Questions
Is THO a good dividend stock?
Yes. THOR Industries, Inc. (THO) pays a quarterly dividend yielding 3.16% ($2.16/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is THO undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, THO's fair value is about $63.44 versus a $68.44 share price — so it looks fairly valued (-7% vs. fair value).
Is THO's dividend safe?
THO has a dividend-safety grade of A (88/100), based on its payout coverage, free-cash-flow, 16-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is THO's fair value?
Our blended fair-value estimate for THO is about $63.44 per share, about 7% below the current $68.44 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is THO a buy, hold, or sell?
We don't issue formal ratings, but on the data THO screens as "yes" and fairly valued. THOR Industries, Inc. (THO) pays a quarterly dividend yielding 3.16% ($2.16/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will THO cut its dividend?
THO earns a dividend-safety grade of A (88/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does THO pay a dividend?
Yes. THOR Industries, Inc. pays a quarterly dividend of about $2.16 per share annually, a forward yield of roughly 3.16%.
What is THO's dividend yield?
As of Oct 18, 2026, THO's forward dividend yield is 3.16%, based on a $2.16 annual dividend and a $68.44 share price.
What is THO's dividend per share?
As of Oct 18, 2026, THO pays $2.16 per share per year, distributed on a quarterly basis.
What is THO's dividend payout ratio?
As of Oct 18, 2026, THO's payout ratio is 62% of trailing 12-month earnings — a moderate level that's generally sustainable.
How many years has THO grown its dividend?
As of Oct 18, 2026, THO has increased its dividend for 16 consecutive years.
When is the next THO ex-dividend date?
As of Oct 18, 2026, the next ex-dividend date on record for THO is Oct 27, 2026.
THO Price — Last 12 Months
Daily close
Price Return
1 Year
-35%
3 Years
-31%
5 Years
-35%
52-Week Range
$62.83 – $122.83
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is THO worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for THOR Industries, Inc. is $63.44 per share, versus a market price of $68.44. That implies the stock is roughly fairly priced.
Fair Value
$63.44
Current Price
$68.44
Gap
-7%
Margin of Safety
-8%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 2.5% annual free-cash-flow growth. We model 6.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 11.4% discount rate (CAPM), 6.2% growth for five years fading to 2.5% over the next five, $3.38 EPS, $2.16 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
THO Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full THO dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 1, 2026 | Jul 15, 2026 | $0.5200 | regular |
| Apr 6, 2026 | Apr 20, 2026 | $0.5200 | regular |
| Jan 5, 2026 | Jan 19, 2026 | $0.5200 | regular |
| Oct 23, 2025 | Nov 6, 2025 | $0.5200 | regular |
| Jul 1, 2025 | Jul 15, 2025 | $0.5000 | regular |
| Apr 8, 2025 | Apr 22, 2025 | $0.5000 | regular |
| Jan 6, 2025 | Jan 17, 2025 | $0.5000 | regular |
| Nov 1, 2024 | Nov 15, 2024 | $0.5000 | regular |
| Jul 3, 2024 | Jul 18, 2024 | $0.4800 | regular |
| Apr 8, 2024 | Apr 23, 2024 | $0.4800 | regular |
| Dec 27, 2023 | Jan 11, 2024 | $0.4800 | regular |
| Oct 31, 2023 | Nov 10, 2023 | $0.4800 | regular |
| Jul 6, 2023 | Jul 21, 2023 | $0.4500 | regular |
| Apr 11, 2023 | Apr 26, 2023 | $0.4500 | regular |
Income Calculator
At $2.16 / yr per share
Similar Dividend Stocks
Compare THO
Explore more
Lists and tools related to THO
- Safest dividend stocks →
- Consumer Cyclical dividend stocks →
- THO dividend calculator →
- THO DRIP calculator →
- THO: last day to buy for the dividend →
- Embed THO dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →