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The Toro Company Declares Regular Quarterly Cash Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
The Toro Company (NYSE: TTC) has declared a regular quarterly cash dividend of $0.34 per share, payable on April 19, 2023. Shareholders on record as of April 6, 2023 will receive this dividend. Toro, a leading provider of outdoor solutions, reported $4.5 billion in net sales for fiscal 2022 and operates in over 125 countries. The company is known for its wide range of brands, including Toro, Ditch Witch, and Exmark, providing services in turf maintenance, snow management, and irrigation, among others.
Positive
Quarterly cash dividend of $0.34 per share, providing income for shareholders.
Company's strong sales of $4.5 billion in fiscal 2022 demonstrates market strength.
Presence in over 125 countries indicates a robust global market reach.
Negative
None.
BLOOMINGTON, Minn.--(BUSINESS WIRE)--
The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.34 per share. This dividend is payable on April 19, 2023, to shareholders of record at the close of business on April 6, 2023.
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 net sales of $4.5 billion in fiscal 2022, The Toro Company’s global presence extends to more than 125 countries through a family of brands that includes Toro, Ditch Witch, Exmark, Spartan Mowers, BOSS Snowplow, Ventrac, American Augers, Trencor, Pope, Subsite Electronics, HammerHead, Radius HDD, Perrot, Hayter, Unique Lighting Systems, Irritrol, and Lawn-Boy. 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.
