The Toro Company Increases Regular Quarterly Cash Dividend
The Toro Company (NYSE: TTC) has announced a 5.6% increase in its quarterly cash dividend to $0.38 per share, up from the previous $0.36 per share. This marks the company's 16th consecutive year of dividend increases. The dividend will be paid on January 13, 2025, to shareholders of record as of December 23, 2024.
Additionally, TTC's Board of Directors has authorized a new share repurchase program for up to 4 million shares of common stock, which can be executed through open-market or private transactions.
L'azienda Toro (NYSE: TTC) ha annunciato un incremento del 5,6% nel suo dividendo in contante trimestrale, che passa a $0,38 per azione, rispetto al precedente $0,36 per azione. Questo segna il sedicesimo anno consecutivo di aumenti del dividendo per l'azienda. Il dividendo sarà pagato il 13 gennaio 2025 agli azionisti registrati entro il 23 dicembre 2024.
Inoltre, il Consiglio di Amministrazione di TTC ha autorizzato un nuovo programma di riacquisto di azioni per un massimo di 4 milioni di azioni ordinarie, che può essere eseguito attraverso transazioni nel mercato aperto o private.
La empresa Toro (NYSE: TTC) ha anunciado un incremento del 5,6% en su dividendo en efectivo trimestral a $0,38 por acción, por encima del anterior $0,36 por acción. Esto marca el decimosexto año consecutivo de aumentos en el dividendo de la compañía. El dividendo se pagará el 13 de enero de 2025 a los accionistas registrados hasta el 23 de diciembre de 2024.
Adicionalmente, la Junta Directiva de TTC ha autorizado un nuevo programa de recompra de acciones por hasta 4 millones de acciones ordinarias, que se puede ejecutar a través de transacciones en el mercado abierto o privadas.
토로 회사(NYSE: TTC)는 분기 현금 배당금을 5.6% 인상하여 주당 $0.38로 조정했으며, 이는 이전의 주당 $0.36에서 증가한 것입니다. 이번 배당금 인상은 회사의 16년 연속 배당금 증가를 의미합니다. 배당금은 2025년 1월 13일에, 2024년 12월 23일 기준 주주에게 지급될 예정입니다.
또한, TTC의 이사회는 최대 400만 주의 보통주 매입 프로그램을 승인하였으며, 이는 공개 시장 또는 사적인 거래를 통해 실행될 수 있습니다.
La société Toro (NYSE: TTC) a annoncé une augmentation de 5,6% de son dividende en espèces trimestriel, le portant à 0,38 $ par action, contre 0,36 $ par action précédemment. Cela marque la seizième année consécutive d'augmentations de dividendes pour la société. Le dividende sera payé le 13 janvier 2025 aux actionnaires enregistrés au 23 décembre 2024.
De plus, le conseil d'administration de TTC a autorisé un nouveau programme de rachat d'actions pour un maximum de 4 millions d'actions ordinaires, qui peut être exécuté par le biais de transactions sur le marché ouvert ou d'échanges privés.
Die Toro Company (NYSE: TTC) hat eine 5,6%ige Erhöhung ihrer vierteljährlichen Bardividende auf 0,38 $ pro Aktie angekündigt, im Vergleich zu den bisherigen 0,36 $ pro Aktie. Dies markiert das 16. Jahr in Folge mit Dividendenerhöhungen des Unternehmens. Die Dividende wird am 13. Januar 2025 an die Aktionäre ausgezahlt, die am 23. Dezember 2024 im Aktienregister stehen.
Zusätzlich hat der Vorstand von TTC ein neues Programm zum Aktienrückkauf von bis zu 4 Millionen Aktien genehmigt, das durch Transaktionen im offenen Markt oder private Transaktionen durchgeführt werden kann.
- 16 consecutive years of dividend increases demonstrates financial stability
- 5.6% increase in quarterly dividend from $0.36 to $0.38 per share
- New 4 million share repurchase program authorized, indicating confidence in company's value
- None.
Additionally, the Board of Directors authorized the repurchase of up to an additional 4 million shares of TTC’s common stock through open-market or in privately negotiated transactions from time to time and in such amounts as management deems appropriate.
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
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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
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