Toro Company raises dividend 2c to 38c

The Toro Company (TTC) announced that its Board of Directors has declared a regular quarterly cash dividend of 38c per share of TTC’s common stock, an increase over the previous quarter’s cash dividend of 36c per share of TTC’s common stock. This marks the 16th consecutive year that the company has increased its dividend. The dividend is payable on January 13, 2025, to shareholders of record at the close of business on December 23.