Company: Thor Industries Inc. (THO)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth wheel towables across over 30 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motorcaravans, campervans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts through the acquisition of Airxcel in 2021, however, this is still a nascent part of the business as it accounts for less than 10% of total sales. In fiscal 2023, the company wholesaled 187,015 units and generated over $11.1 billion in revenue. -Morningstar.com-
Symbol: THO
Recent Price: $99.72
Dividends: $1.92
Yield: 1.93%
Sector: Consumer Cyclical
Industry: Recreational Vehicles
Address & Company Phone #: 601 East Beardsley Avenue Elkhart IN 46514, 574-970-7460
Transfer Agent: Computershare 800-368-5948
Moody’s Rating: Ba2
Minimum & Maximum Investment: $10 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $25
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $125.93, $74.50