ELKHART, Ind., June 17, 2019 /PRNewswire/ -- Thor
Industries, Inc. (NYSE: THO) today announced that its Board of
Directors approved, at their June 17,
2019 meeting, the payment of a regular quarterly dividend of
$0.39 per share.
The regular dividend is payable on July
15, 2019, to shareholders of record at the close of business
on July 1, 2019.
About Thor Industries, Inc.
Thor is the sole owner of
operating subsidiaries that, combined, represent the world's
largest manufacturer 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
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 or financed receivable agreements; the potential
impact of the strength of the U.S. dollar on international demand
for products priced in U.S. dollars; general economic, market and
political conditions; the impact of changing emissions standards in
the various jurisdictions in which our products are sold; 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 ("EHG") include
risks regarding the potential benefits of the acquisition and the
anticipated operating synergies, the integration of the business,
the impact of exchange rate fluctuations and unknown or understated
liabilities related to the acquisition and EHG'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 reports on Form 10-Q for the periods ended
January 31, 2019 and April 30, 2019.
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.
Contact
Investor Relations:
Mark Trinske, Vice President of
Investor Relations
mtrinske@thorindustries.com
(574) 970-7912
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SOURCE Thor Industries, Inc.