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Toro Corp. Announces Special Dividend with Shareholder Options

Story Highlights
  • Toro Corp. operates in the shipping industry, offering maritime transportation and trading on Nasdaq as ‘TORO.’
  • Toro Corp. declared a $1.75 per share special dividend payable on January 16, 2026, with options for shareholders to receive cash or shares during a due bills period.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Toro Corp. Announces Special Dividend with Shareholder Options

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Toro Corp. ( (TORO) ) has issued an update.

On December 17, 2025, Toro Corp. notified its shareholders of a $1.75 per share special dividend, declared earlier on December 5, 2025 and set to be distributed on January 16, 2026. This dividend allows shareholders to choose to receive it in either cash or common shares, with specific election guidelines outlined for registered and beneficial holders. Due to the significant size of the dividend relative to the company’s stock price, Nasdaq has implemented a due bills period from December 16, 2025, to January 16, 2026, ensuring that all eligible shareholders retain dividend rights during this period. This move underscores Toro Corp.’s commitment to shareholder returns, which may enhance its positioning and attractiveness in the marketplace.

Spark’s Take on TORO Stock

According to Spark, TipRanks’ AI Analyst, TORO is a Neutral.

Toro Corp.’s stock score reflects the company’s strong equity position and undervaluation, juxtaposed against significant operational and financial challenges. The stock’s technical indicators show positive momentum, which could attract short-term investor interest. However, the uncertain financial outlook and cash flow inefficiencies pose risks that investors should be wary of.

To see Spark’s full report on TORO stock, click here.

More about Toro Corp.

Toro Corp. operates within the global shipping industry with its primary focus on providing maritime transportation services. The company’s shares are publicly traded on the Nasdaq Stock Market under the ticker symbol ‘TORO.’

Average Trading Volume: 379,616

Technical Sentiment Signal: Buy

Current Market Cap: $111M

See more data about TORO stock on TipRanks’ Stock Analysis page.

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