Thor Announces Regular Quarterly Dividend
December 13 2018 - 4:15PM
Business Wire
Thor Industries, Inc. (NYSE: THO) today announced that its
Board of Directors approved, at their December 13,
2018 meeting, the payment of a regular quarterly dividend
of $0.39 per share.
The regular dividend is payable on January 10, 2019, to
shareholders of record at the close of business on December
27, 2018.
About Thor Industries, Inc. Thor is the sole owner
of operating subsidiaries that, combined, represent the world's
largest manufacturers of recreational vehicles. For more
information on the Company and its products, please go
to www.thorindustries.com.
Forward Looking Statements This release includes certain
statements that are “forward looking” statements within the meaning
of the U.S. Private Securities Litigation Reform Act of 1995,
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. These
forward looking statements are made based on management’s current
expectations and beliefs regarding future and anticipated
developments and their effects upon Thor, and inherently involve
uncertainties and risks. These forward looking statements are not a
guarantee of future performance. We cannot assure you that actual
results will not differ materially from our expectations. Factors
which could cause materially different results include, among
others, raw material and commodity price fluctuations; raw
material, commodity or chassis supply restrictions; the impact of
tariffs on material or other input costs; the level and magnitude
of warranty claims incurred; legislative, regulatory and tax law
and/or policy developments including their potential impact on our
dealers and their retail customers or on our suppliers; the costs
of compliance with governmental regulation; legal and compliance
issues including those that may arise in conjunction with recently
completed or announced transactions; lower consumer confidence and
the level of discretionary consumer spending; interest rate
fluctuations; the potential impact of interest rate fluctuations on
the general economy and specifically on our dealers and consumers;
restrictive lending practices; management changes; the success of
new and existing products and services; consumer preferences; the
ability to efficiently utilize production facilities; the pace of
acquisitions and the successful closing, integration and financial
impact thereof; the potential loss of existing customers of
acquisitions; our ability to retain key management personnel of
acquired companies; a shortage of necessary personnel for
production; the loss or reduction of sales to key dealers;
disruption of the delivery of units to dealers; increasing costs
for freight and transportation; asset impairment charges; cost
structure changes; competition; the impact of potential losses
under repurchase agreements; the potential impact of the strength
of the U.S. dollar on international demand; general economic,
market and political conditions; and changes to investment and
capital allocation strategies or other facets of our strategic
plan. Additional risks and uncertainties surrounding the
acquisition of Erwin Hymer Group SE (the "Erwin Hymer Group")
include risks regarding the anticipated timing of the closing of
the acquisition, the potential benefits of the proposed acquisition
and the anticipated operating synergies, the satisfaction of the
conditions to closing the acquisition in the anticipated timeframe
or at all, the integration of the business, changes in Euro-U.S.
dollar exchange rates that could impact the mark-to-market value of
outstanding derivative instruments, the impact of exchange rate
fluctuations and unknown or understated liabilities related to the
acquisition and Erwin Hymer Group's business. These and other risks
and uncertainties are discussed more fully in Item 1A of our Annual
Report on Form 10-K for the year ended July 31, 2018 and Part II,
Item 1A of our quarterly report on Form 10-Q for the period ended
October 31, 2018.
We disclaim any obligation or undertaking to disseminate any
updates or revisions to any forward looking statements contained in
this release or to reflect any change in our expectations after the
date hereof or any change in events, conditions or circumstances on
which any statement is based, except as required by law.
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Investor RelationsMark Trinske, Vice President of
Investor RelationsThor Industries, Inc.(574)
970-7912mtrinske@thorindustries.com
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