Toro Co (TTC) has declared a quarterly dividend of $0.39 per share, payable to shareholders of record. This marks a 2.6% increase from the previous dividend of $0.38 per share, underscoring the company's commitment to returning capital to its investors.
The ex-dividend date is set for December 21, 2025, meaning investors must own shares before this date to qualify for the dividend payment. Eligible shareholders will receive their payments on January 11, 2026. The current dividend yield stands at 2.14%, reflecting the annual dividend income relative to the stock price.
Toro Co operates in the machinery industry, providing innovative solutions for outdoor environments, including turf maintenance and snow management. The company, headquartered in Bloomington, Minnesota, employs 11,108 full-time staff and operates through two segments: Professional and Residential. The Professional segment focuses on turf maintenance and construction, while the Residential segment offers products such as mowers and yard tools.
With a market capitalization of $7.2 billion and a trailing P/E ratio of 21.55, Toro Co's financial stability supports its dividend strategy. The company is expected to report earnings on June 3, 2026, with an estimated EPS of $1.59 and revenue of $1.4 billion.
This update provides insight into Toro Co's cash flow generation and capital allocation strategy. Regular dividend payments can attract income-focused investors, though it is essential to consider the company's overall financial health and dividend history when evaluating sustainability.