- Thor Industries Inc (NYSE:THO) Board of Directors approved a 5% increase in its quarterly dividend to $0.45 from $0.43.
- The regular cash dividend is payable on November 9, 2022, to shareholders of record at the close of business on October 26, 2022.
- The company held $311.6 million in cash and equivalents as of July 31, 2022.
- Thor Industries is a manufacturer of recreational vehicles.
- Also Read: Thor Industries Posts Q4 Earnings Above Street View
- Price Action: THO shares are trading higher by 0.36% at $78.66 on the last check Wednesday.
What’s Going On With Marijuana-Grower Tilray’s Stock?
Cannabis stocks have rallied recently amid legalization in Germany and renewed optimism on the possible rescheduling of marijuana in the United States. Florida's Supreme Court ruled on Monday to allow an initiative that would legalize recreational marijuana to appear on the state's ballot in November. If approved by 60% of voters, it would legalize recreational, adult-use marijuana in the state.
