The Toro Company engages in the designing, manufacturing, marketing, and selling professional and residential equipment worldwide. The company's Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment; and snow and ice management equipment, such as snowplows, brush, snow thrower attachment, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders. It also provides irrigation and lighting products that consist of sprinkler heads, electric and hydraulic valves, controllers, computer irrigation central control systems, coupling systems, and ag-irrigation drip tape and hose products, as well as professionally installed landscape lighting products offered through distributors and landscape contractors. This segment sells its products primarily through a network of distributors and dealers to professional users engaged in maintaining golf courses, sports fields, municipal properties, agricultural fields, residential and commercial landscapes, and removing snow and ice, as well as directly to government customers, rental companies, and retailers. Its Residential segment provides walk power mowers, zero-turn riding mowers, snow throwers, replacement parts, and home solution products that include grass and hedge trimmers, leaf blowers, blower-vacuums, chainsaws, string trimmers, hoses, and hose-end retail irrigation products. This segment sells its products to homeowners through a network of distributors and dealers; and home centers, hardware retailers, and mass retailers, as well as online. The Toro Company was founded in 1914 and is headquartered in Bloomington, Minnesota.
Toro Company Dividend Announcement
• Toro Company announced a quarterly dividend of $0.36 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-30
• Toro Company annual dividend for 2024 was $1.08
• Toro Company annual dividend for 2023 was $1.38
• Toro Company's trailing twelve-month (TTM) dividend yield is 1.65%
• Toro Company's payout ratio for the trailing twelve months (TTM) is 37.06%
• Toro Company's dividend growth over the last five years (2018-2023) was 10.84% year
• Toro Company's dividend growth over the last ten years (2013-2023) was 8.33% year
Toro Company Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-30 | $0.36 | quarterly | 2024-10-11 |
| 2024-06-18 | $0.36 | quarterly | 2024-07-11 |
| 2024-03-28 | $0.36 | quarterly | 2024-04-12 |
| 2023-12-26 | $0.36 | quarterly | 2024-01-11 |
| 2023-10-03 | $0.34 | quarterly | 2023-10-18 |
| 2023-06-20 | $0.34 | quarterly | 2023-07-12 |
| 2023-04-05 | $0.34 | quarterly | 2023-04-19 |
| 2022-12-27 | $0.34 | quarterly | 2023-01-11 |
| 2022-10-04 | $0.30 | quarterly | 2022-10-18 |
| 2022-06-21 | $0.30 | quarterly | 2022-07-13 |
| 2022-04-05 | $0.30 | quarterly | 2022-04-21 |
| 2021-12-27 | $0.30 | quarterly | 2022-01-11 |
| 2021-10-05 | $0.26 | quarterly | 2021-10-21 |
| 2021-06-21 | $0.26 | quarterly | 2021-07-14 |
| 2021-04-01 | $0.26 | quarterly | 2021-04-20 |
| 2020-12-21 | $0.26 | quarterly | 2021-01-13 |
| 2020-09-25 | $0.25 | quarterly | 2020-10-09 |
| 2020-06-19 | $0.25 | quarterly | 2020-07-09 |
| 2019-12-24 | $0.25 | quarterly | 2020-01-09 |
| 2019-09-27 | $0.23 | quarterly | 2019-10-11 |
| 2019-06-24 | $0.23 | quarterly | 2019-07-11 |
| 2019-03-29 | $0.23 | quarterly | 2019-04-12 |
| 2018-12-19 | $0.23 | quarterly | 2019-01-09 |
| 2018-10-02 | $0.20 | quarterly | 2018-10-17 |
| 2018-06-21 | $0.20 | quarterly | 2018-07-11 |
| 2018-04-03 | $0.20 | quarterly | 2018-04-18 |
| 2017-12-21 | $0.20 | quarterly | 2018-01-10 |
| 2017-09-28 | $0.17 | quarterly | 2017-10-12 |
| 2017-06-21 | $0.17 | quarterly | 2017-07-12 |
| 2017-03-29 | $0.17 | quarterly | 2017-04-12 |
| 2016-12-22 | $0.17 | quarterly | 2017-01-12 |
| 2016-09-29 | $0.15 | quarterly | 2016-10-14 |
| 2016-06-17 | $0.30 | quarterly | 2016-07-12 |
| 2016-03-24 | $0.30 | quarterly | 2016-04-12 |
| 2015-12-18 | $0.30 | quarterly | 2016-01-11 |
| 2015-09-24 | $0.25 | quarterly | 2015-10-13 |
| 2015-06-23 | $0.25 | quarterly | 2015-07-13 |
| 2015-03-26 | $0.25 | quarterly | 2015-04-13 |
| 2014-12-19 | $0.25 | quarterly | 2015-01-12 |
| 2014-09-25 | $0.20 | quarterly | 2014-10-14 |
| 2014-06-25 | $0.20 | quarterly | 2014-07-11 |
| 2014-04-02 | $0.20 | quarterly | 2014-04-14 |
| 2013-12-26 | $0.20 | quarterly | 2014-01-15 |
| 2013-09-26 | $0.14 | quarterly | 2013-10-15 |
| 2013-06-24 | $0.14 | quarterly | 2013-07-15 |
| 2013-03-26 | $0.14 | quarterly | 2013-04-15 |
Toro Company Dividend per year
Toro Company Dividend growth
Toro Company Dividend Yield
Toro Company current trailing twelve-month (TTM) dividend yield is 1.65%. Interested in purchasing Toro Company stock? Use our calculator to estimate your expected dividend yield:
Toro Company Financial Ratios
P/E ratio22.73
PEG ratio-1.78
P/B ratio5.55
ROE25.17%
Payout ratio37.06%
Current ratio1.94
Quick ratio0.85
Cash Ratio0.22
Toro Company Dividend FAQ
How much is the next Toro Company dividend?
Toro Company's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Toro Company dividend. The next Toro Company dividend will be released in April, June, October, or December.
When is Toro Company dividend paid?
Toro Company pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, June, October, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Toro Company pay?
The specific amount of Toro Company dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Toro Company's dividend history.
Does Toro Company stock pay dividends?
Yes, Toro Company does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Toro Company's dividend history.
How much dividend does Toro Company pay?
Toro Company paid $1.08 in 2024, $1.38 in 2023, $1.24 in 2022, $1.087 in 2021, and $0.762 in 2020.
How often does Toro Company pay dividends?
Toro Company typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around April, June, October, and December.
What is Toro Company's dividend yield?
The current dividend yield for Toro Company is 1.65%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Toro Company's exact dividend yield.
When does Toro Company go ex dividend?
Toro Company's ex-dividend date for the latest dividend was on 2024-09-30. Toro Company typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Toro Company dividend paid?
Toro Company pays dividends on a quarterly basis, typically around April, June, October, or December, but the exact dates can vary each year.
Will Toro Company increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Toro Company will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Toro Company dividend per share?
Toro Company paid $1.08 per share in 2024 and $1.38 per share in 2023. The amount of dividend per share that Toro Company pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Toro Company a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Toro Company a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Toro Company a dividend stock?
Yes, Toro Company is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Toro Company a good dividend stock?
Whether Toro Company is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Toro Company has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Toro Company as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Toro Company as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Toro Company pay dividends monthly?
Toro Company typically pays dividends on a quarterly basis.
Does Toro Company pay dividends quarterly?
Toro Company currently pays dividends on a quarterly basis.
Has Toro Company ever paid a dividend?
Yes, Toro Company has a history of paying dividends to its shareholders. Toro Company is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Toro Company dividend stocks?
To buy Toro Company you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Toro Company stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Toro Company stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Toro Company pay dividends 2024?
Toro Company pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-11. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Toro Company increase its dividend in 2024?
Decisions regarding Toro Company dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Toro Company dividend overview you can look into the above table of dividend history.
How Toro Company dividend works?
The Toro Company dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Toro Company's dividend process works:
1. Determination of Dividend: Toro Company's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Toro Company publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Toro Company distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Toro Company are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Toro Company's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Toro Company publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Toro Company distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Toro Company are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Toro Company dividends paid?
Toro Company dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Toro Company sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Toro Company distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Toro Company declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Toro Company sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Toro Company distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Toro Company declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Toro Company pay dividends?
Toro Company typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Toro Company pay dividends?
The general pattern is that Toro Company pays dividends around April, June, October, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Toro Company dividend safe?
The safety of Toro Company's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Toro Company's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Toro Company's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Toro Company's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Toro Company's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.