Thor Industries Inc. announced today (Sept. 10) that its board approved an increase in the regular quarterly dividend from 15¢ per share to 18¢ per share during its Sept. 6 meeting.

According to a press release, this is the third increase in Thor’s regular quarterly dividend in three years.

The new regular dividend of 18¢ per share will be paid on Oct. 5 to shareholders of record on Sept. 24.

Thor, based in Jackson Center, Ohio, is the largest manufacturer of recreation vehicles and a major builder of commercial buses and ambulances.