THO ex-dividend on 9/25 (5%, special)
Recreational vehicle maker Thor Industries will pay a special dividend of $2.000 on Oct 8th to holders as of Tuesday, September 25. That’s 4.6% of the share price of $43.150. Thor already paid a $1 special dividend last September. Thor just reported a weak quarter with Sales down 7 percent year over year. Recreational vehicle makers have yet to overcome the easy credit and oversupply conditions of the late ’90s, and until gas prices ease, RV-land will likely continue to spin its wheels, too. But increased backlog and the special dividend helped the stock nevertheless. Possibly use Puts to edge your bet when playing the run up.