The Toro Company Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

The Toro Company (NYSE: TTC) declares a quarterly cash dividend of $0.36 per share for shareholders, payable on April 12, 2024. The dividend is a positive sign of financial stability and investor confidence.

BLOOMINGTON, Minn.--(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.36 per share of TTC’s common stock. This dividend is payable on April 12, 2024, to shareholders of record at the close of business on April 1, 2024.

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 $4.55 billion in fiscal 2023, The Toro Company’s global presence extends to more than 125 countries through a portfolio of brands that includes Toro, Ditch Witch, Exmark, Spartan, BOSS, Ventrac, American Augers, Trencor, Pope, Subsite, HammerHead, Radius, 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 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/20240319742229/en/

Investor Relations

Jeremy Steffan

Director, Investor Relations

(952) 887-7962, jeremy.steffan@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 dividend amount declared by The Toro Company (TTC)?

The Toro Company declared a quarterly cash dividend of $0.36 per share of TTC's common stock.

When will the dividend be payable to shareholders of The Toro Company (TTC)?

The dividend will be payable on April 12, 2024, to shareholders of record at the close of business on April 1, 2024.

What is the ticker symbol for The Toro Company?

The ticker symbol for The Toro Company is TTC.