The Toro Company Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

The Toro Company (NYSE: TTC) has declared a quarterly cash dividend of $0.2625 per share, payable on April 20, 2021, to shareholders of record on April 5, 2021. With fiscal 2020 sales of $3.4 billion, Toro is a leading global provider of outdoor solutions, operating in over 125 countries. The company offers a diverse range of products, including turf maintenance, snow management, and irrigation solutions, under various well-known brands.

Positive

• Declaring a quarterly dividend of $0.2625 indicates ongoing commitment to returning value to shareholders.
• The company reported sales of $3.4 billion in fiscal 2020, showcasing strong financial performance and market presence.

Negative

• None.

The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.2625 per share. This dividend is payable on April 20, 2021, to shareholders of record on April 5, 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/20210316006049/en/

FAQ

What is the dividend amount declared by Toro Company?

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

When is the dividend payable?

The dividend is payable on April 20, 2021.

What is the record date for the dividend?

The record date for the dividend is April 5, 2021.

What were Toro Company’s sales in fiscal 2020?

The Toro Company reported sales of $3.4 billion in fiscal 2020.

In how many countries does Toro Company operate?

The Toro Company operates in over 125 countries worldwide.