The Toro Company Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

The Toro Company (NYSE: TTC) has declared a regular quarterly cash dividend of $0.2625 per share, payable on July 14, 2021, to shareholders of record on June 22, 2021. In fiscal 2020, Toro reported sales of $3.4 billion, offering innovative solutions in outdoor environments, including turf maintenance and snow management. The company has a significant global presence, operating in over 125 countries through brands like Toro, Ditch Witch, and Exmark.

Positive

• Declared a quarterly cash dividend of $0.2625 per share.
• Reported sales of $3.4 billion in fiscal 2020.
• Active in over 125 countries with a diverse brand portfolio.

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 July 14, 2021, to shareholders of record on June 22, 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/20210518006125/en/

FAQ

What is the dividend amount for TTC in 2021?

The dividend amount declared by The Toro Company (TTC) is $0.2625 per share.

When is the dividend payable for TTC?

The dividend for TTC is payable on July 14, 2021.

Who is eligible to receive the TTC dividend?

Shareholders of record as of June 22, 2021, are eligible to receive the TTC dividend.

How often does The Toro Company pay dividends?

The Toro Company typically pays dividends on a quarterly basis.