Toro's latest quarterly dividend was on Jun 18, 2024 (ex-date) with a payout of $0.36 per share. On an annualized basis, the company has a current payout of $1.42 per share. This brings the dividend yield to 1.48% based on its recent close price.
Toro's dividend yield of 1.48% is above the Industrials sector and its peers average but below the industry average. But in comparison with its Industrials sector average of 1.41%, Toro's dividend yield is only 5% higher. The historical 5-year average of TTC's dividend yield is 1.3%, which is lower than the current yield.
Toro has been paying dividends since 1994. TTC has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 8% for the last twelve months. And with the price of the stock down by 7% from a year ago, the dividend yield has an increase of 16%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 18, 2024 | Jul 11, 2024 | May 21, 2024 | $0.36 | normal |
| Mar 28, 2024 | Apr 12, 2024 | Mar 19, 2024 | $0.36 | normal |
| Dec 26, 2023 | Jan 11, 2024 | Dec 12, 2023 | $0.36 | normal |
| Oct 3, 2023 | Oct 18, 2023 | Sep 19, 2023 | $0.34 | normal |
| Jun 20, 2023 | Jul 12, 2023 | May 23, 2023 | $0.34 | normal |
| Apr 5, 2023 | Apr 19, 2023 | Mar 21, 2023 | $0.34 | normal |
| Dec 27, 2022 | Jan 11, 2023 | Dec 13, 2022 | $0.34 | normal |
| Oct 4, 2022 | Oct 18, 2022 | Sep 20, 2022 | $0.3 | normal |
| Jun 21, 2022 | Jul 13, 2022 | May 17, 2022 | $0.3 | normal |
| Apr 5, 2022 | Apr 21, 2022 | Mar 15, 2022 | $0.3 | normal |
| Dec 27, 2021 | Jan 11, 2022 | Dec 14, 2021 | $0.3 | normal |
| Oct 5, 2021 | Oct 21, 2021 | Sep 21, 2021 | $0.263 | normal |
| Jun 21, 2021 | Jul 14, 2021 | May 18, 2021 | $0.263 | normal |
| Apr 1, 2021 | Apr 20, 2021 | Mar 16, 2021 | $0.263 | normal |
| Dec 21, 2020 | Jan 13, 2021 | Dec 1, 2020 | $0.263 | normal |
| Sep 25, 2020 | Oct 9, 2020 | Sep 15, 2020 | $0.25 | normal |
| Jun 19, 2020 | Jul 9, 2020 | May 19, 2020 | $0.25 | normal |
| Mar 27, 2020 | Apr 9, 2020 | Mar 17, 2020 | $0.25 | normal |
| Dec 24, 2019 | Jan 9, 2020 | Dec 3, 2019 | $0.25 | normal |
| Sep 27, 2019 | Oct 11, 2019 | Sep 17, 2019 | $0.225 | normal |
| Jun 24, 2019 | Jul 11, 2019 | May 21, 2019 | $0.225 | normal |
| Mar 29, 2019 | Apr 12, 2019 | Mar 19, 2019 | $0.225 | normal |
| Dec 19, 2018 | Jan 9, 2019 | Dec 6, 2018 | $0.225 | normal |
| Oct 2, 2018 | Oct 17, 2018 | Sep 18, 2018 | $0.2 | normal |
| Jun 21, 2018 | Jul 11, 2018 | May 15, 2018 | $0.2 | normal |
| Apr 3, 2018 | Apr 18, 2018 | Mar 20, 2018 | $0.2 | normal |
| Dec 21, 2017 | Jan 10, 2018 | Dec 7, 2017 | $0.2 | normal |
| Sep 28, 2017 | Oct 12, 2017 | Sep 19, 2017 | $0.175 | normal |
| Jun 21, 2017 | Jul 12, 2017 | May 16, 2017 | $0.175 | normal |
| Mar 29, 2017 | Apr 12, 2017 | Mar 21, 2017 | $0.175 | normal |
| Dec 22, 2016 | Jan 12, 2017 | Dec 8, 2016 | $0.175 | normal |
| Sep 29, 2016 | Oct 14, 2016 | Sep 20, 2016 | $0.15 | normal |
| Jun 17, 2016 | Jul 12, 2016 | May 17, 2016 | $0.15 | normal |
| Mar 24, 2016 | Apr 12, 2016 | Mar 15, 2016 | $0.15 | normal |
Toro's payout ratio of 55.7% is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 32.7%, Toro's payout ratio is 70% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PLOW Douglas Dynamics Inc | 4.5% | $1.18 | 98.3% |
| DE Deere & Co | 1.49% | $5.76 | 17.3% |
| TTC Toro Co | 1.47% | $1.42 | 55.7% |
| AGCO Agco Corp | 1.12% | $1.16 | 7.8% |
| ALG Alamo Group Inc | 0.51% | $1 | 8.8% |
Yes, Toro has paid four dividends in the last twelve months. TTC has been paying dividends since 1994.
At this point we don't have a record of TTC's next dividend date, but based on the current dividend schedule we project that it will likely be in September 2024.
Toro's last dividend ex-date was on Jun 18, 2024. The dividend amount was $0.36 per share.
TTC has paid dividend of $1.42 per share in the last year.
Toro's current dividend yield is 1.48%.
Toro has a quarterly dividend frequency.
Toro's dividend payout ratio is 55.7%.
Toro's dividend yield is similar to the Industrials sector average.