Thor Stock To Go Ex-dividend Tomorrow (THO)

NEW YORK ( TheStreet) -- The ex-dividend date for Thor Industries (NYSE: THO) is tomorrow, March 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $32.81 as of 9:30 a.m. ET, the dividend yield is 1.8%.

The average volume for Thor has been 466,400 shares per day over the past 30 days. Thor has a market cap of $1.67 billion and is part of the consumer goods sector and automotive industry. Shares are up 20.4% year to date as of the close of trading on Wednesday.

Thor Industries, Inc., together with its subsidiaries, engages in the manufacture and sale of various recreation vehicles, and small and mid-size buses, as well as related parts and accessories in the United States and Canada. The company has a P/E ratio of 15.9, below the average automotive industry P/E ratio of 16.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Thor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Thor Ratings Report.

See our dividend calendar or top-yielding stocks list.

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