Exploring NYSE:THO's dividend characteristics.

Our stock screener has singled out THOR INDUSTRIES INC (NYSE:THO) as a promising choice for dividend investors. NYSE:THO not only scores well in profitability, solvency, and liquidity but also offers a decent dividend. We'll explore this further.

What does the Dividend looks like for NYSE:THO

ChartMill assigns a proprietary Dividend Rating to each stock. The score is computed by evaluating various valuation aspects, like the yield, the history, the dividend growth and sustainability. NYSE:THO was assigned a score of 7 for dividend:

• THO's Dividend Yield is rather good when compared to the industry average which is at 3.77. THO pays more dividend than 85.71% of the companies in the same industry.
• THO has paid a dividend for at least 10 years, which is a reliable track record.
• THO has not decreased their dividend for at least 10 years, which is a reliable track record.
• THO pays out 38.50% of its income as dividend. This is a sustainable payout ratio.
• The dividend of THO is growing, but earnings are growing more, so the dividend growth is sustainable.

Assessing Health Metrics for NYSE:THO

ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NYSE:THO was assigned a score of 7 for health:

• An Altman-Z score of 3.71 indicates that THO is not in any danger for bankruptcy at the moment.
• Looking at the Altman-Z score, with a value of 3.71, THO belongs to the top of the industry, outperforming 90.48% of the companies in the same industry.
• The Debt to FCF ratio of THO is 2.98, which is a good value as it means it would take THO, 2.98 years of fcf income to pay off all of its debts.
• The Debt to FCF ratio of THO (2.98) is better than 92.86% of its industry peers.
• THO has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.

A Closer Look at Profitability for NYSE:THO

ChartMill assigns a proprietary Profitability Rating to each stock. The score is computed by evaluating various profitability ratios and margins and ranges from 0 to 10. NYSE:THO was assigned a score of 7 for profitability:

• With a decent Return On Assets value of 3.78%, THO is doing good in the industry, outperforming 78.57% of the companies in the same industry.
• Looking at the Return On Equity, with a value of 6.52%, THO is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
• THO has a Return On Invested Capital of 5.91%. This is amongst the best in the industry. THO outperforms 80.95% of its industry peers.
• The 3 year average ROIC (11.53%) for THO is well above the current ROIC(5.91%). The reason for the recent decline needs to be investigated.
• Looking at the Profit Margin, with a value of 2.64%, THO is in the better half of the industry, outperforming 76.19% of the companies in the same industry.
• In the last couple of years the Profit Margin of THO has grown nicely.
• THO has a better Operating Margin (4.31%) than 76.19% of its industry peers.
• THO's Gross Margin has improved in the last couple of years.

More Best Dividend stocks can be found in our Best Dividend screener.

Our latest full fundamental report of THO contains the most current fundamental analsysis.

Keep in mind

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.