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TTC Toro dividend history, payout ratio & dates

Toro's latest quarterly dividend was on Mar 28, 2024 (ex-date) with a payout of $0.36 per share. On an annualized basis, the company has a current payout of $1.4 per share. This brings the dividend yield to 1.64% based on its recent close price.

Key dates

  • TTC last dividend date: Mar 28, 2024
  • TTC next dividend date: Not announced
TTC dividend stats
DPS
$1.4
Dividend yield
1.64%
Payout ratio
50.7%
vs. Industrials sector
Dividend yield
1.43%
Payout ratio
30.1%

Dividend yield

What is Toro current dividend yield

Toro's dividend yield of 1.64% is above the Industrials sector and its peers average but below the industry average. In comparison with its Industrials sector average of 1.43%, Toro's dividend yield is 15% higher. The historical 5-year average of TTC's dividend yield is 1.3%, which is lower than the current yield.

Dividend history

What is TTC dividend payout history and dates

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 9% for the last twelve months. And with the price of the stock down by 19% from a year ago, the dividend yield has an increase of 35%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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 dividend payout ratio

What is Toro dividend payout ratio compared to the sector

Payout ratio

Toro's payout ratio of 50.7% is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 30.1%, Toro's payout ratio is 68% higher.

Total amount of dividends paid per financial year (from cash flow)

TTC dividend vs peer dividends

How does TTC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PLOW Douglas Dynamics Inc 5.36% $1.18 116.8%
TTC Toro Co 1.64% $1.4 50.7%
DE Deere & Co 1.38% $5.54 16.1%
AGCO Agco Corp 0.98% $1.16 7.4%
ALG Alamo Group Inc 0.47% $0.96 8.4%

Frequently asked questions

Does Toro pay a dividend?

Yes, Toro has paid four dividends in the last twelve months. TTC has been paying dividends since 1994.

When is Toro's next dividend?

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 June 2024.

When was TTC's last dividend?

Toro's last dividend ex-date was on Mar 28, 2024. The dividend amount was $0.36 per share.

How much dividend does Toro pay (per share)?

TTC has paid dividend of $1.4 per share in the last year.

What is Toro's dividend yield?

Toro's current dividend yield is 1.64%.

How often does Toro pay dividends?

Toro has a quarterly dividend frequency.

What is Toro's dividend payout ratio?

Toro's dividend payout ratio is 50.7%.

Does Toro pay a good dividend?

Toro's dividend yield is higher than the Industrials sector average.