RVIA Economic Impact Study

The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.

Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .

Thor Industries Announces Quarterly Dividend

Mon Mar 20, 2017

145382602566676.pngThor Industries, Inc. has announced a quarterly dividend on Thursday, March 16. Investors of record on Thursday, March 30 will be given a dividend of 0.33 per share on Thursday, April 13. This represents a $1.32 annualized dividend and a yield of 1.33 percent.

Shares of Thor Industries opened at 98.88 on Friday, according to a story by Chaffey Breeze. The company’s 50-day moving average is $106.89 and its 200-day moving average is $94.23. Thor Industries has a 52-week low of $60.05 and a 52-week high of $115.74. The company has a market cap of $5.2 billion, a PE ratio of 17.09 and a beta of 1.25.

Thor Industries last announced its earnings results on Monday, March 6. The company reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.01. Thor Industries had a return on equity of 23.74 percent and a net margin of 5.41 percent. The firm earned $1.59 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same period last year, the firm posted $0.97 EPS. The business’s revenue was up 62.9 percent compared to the same quarter last year. On average, analysts anticipate that Thor Industries will post $6.43 EPS for the current year.

Additional Information: https://www.chaffeybreeze.com/2017/03/17/thor-industries-inc-tho-declares-quarterly-dividend-of-0-33.html