The Toro Company Declares 150th Consecutive Quarterly Cash Dividend

Rhea-AI Summary

The Toro Company (NYSE: TTC) has declared its 150th consecutive quarterly cash dividend of $0.2625 per share. This dividend is scheduled for payment on October 21, 2021, to shareholders recorded as of October 6, 2021. In fiscal 2020, Toro reported sales of $3.4 billion and operates in over 125 countries, offering solutions in turf maintenance, snow management, and more. The company emphasizes its commitment to innovation and shareholder value.

Positive

• 150th consecutive quarterly cash dividend declared.
• Dividend amount of $0.2625 per share, reflecting ongoing shareholder value.
• Strong sales performance with $3.4 billion reported in fiscal 2020.

Negative

• None.

BLOOMINGTON, Minn.--(BUSINESS WIRE)-- With a continued focus on creating and returning value to shareholders, The Toro Company (NYSE: TTC) today announced its 150^th consecutive quarterly cash dividend. The company’s board of directors declared a regular quarterly cash dividend of $0.2625 per share. This dividend is payable on October 21, 2021, to shareholders of record on October 6, 2021.

About The Toro Company

The Toro Company (NYSE: TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. With sales of $3.4 billion in fiscal 2020, The Toro Company’s global presence extends to more than 125 countries through a family of brands that includes Toro, Ditch Witch, Exmark, BOSS Snowplow, Ventrac, American Augers, Subsite Electronics, HammerHead, Trencor, Unique Lighting Systems, Irritrol, Hayter, Pope, Perrot, Lawn-Boy and Radius HDD. Through constant innovation and caring relationships built on trust and integrity, The Toro Company and its family of brands have built a legacy of excellence by helping customers work on golf courses, sports fields, construction sites, public green spaces, commercial and residential properties and agricultural operations. For more information, visit www.thetorocompany.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210921006071/en/

Investor Relations

Julie Kerekes

Treasurer and Sr. Managing Director, Global Tax

and Investor Relations

(952) 887-8846, julie.kerekes@toro.com

Media Relations

Branden Happel

Senior Manager, Public Relations

(952) 887-8930, branden.happel@toro.com

 

Source: The Toro Company

FAQ

What is the recent dividend amount declared by The Toro Company (TTC)?

The Toro Company declared a quarterly cash dividend of $0.2625 per share.

When will the dividend by The Toro Company (TTC) be paid?

The dividend will be payable on October 21, 2021.

When is the record date for the dividend of The Toro Company (TTC)?

The record date for the dividend is October 6, 2021.

How often does The Toro Company (TTC) pay dividends?

The Toro Company pays dividends quarterly.