Toro Company (The) (TTC)
The Toro Company (TTC) is a global leader in designing, manufacturing, and marketing professional and residential turf maintenance equipment, snow removal products, and irrigation systems. Founded in 1914, Toro is known for its innovative outdoor solutions, serving professional landscapers, golf courses, sports fields, and residential customers worldwide.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| October 21, 2025 | $0.38 | 2025-10-07 | 2025-10-07 |
| July 11, 2025 | $0.38 | 2025-06-17 | 2025-06-17 |
| April 14, 2025 | $0.38 | 2025-03-31 | 2025-03-31 |
| January 13, 2025 | $0.38 | 2024-12-23 | 2024-12-23 |
| October 11, 2024 | $0.36 | 2024-09-30 | 2024-09-30 |
Dividends Summary
- Toro Company (The) has issued 88 dividend payments over the past 21 years
- The most recent dividend was paid 1 days ago, on October 21, 2025
- The highest dividend payed out to investors during this period was $0.38 per share
- The average dividend paid during this period was $0.21 per share.
Company News
The outdoor power equipment market is projected to grow from $31.0 billion in 2024 to $36.5 billion by 2029, with a 3.3% CAGR. Growth is driven by increasing homeowner interest in gardening, landscaping services, and battery-powered equipment adoption.
Heavy equipment manufacturers like Caterpillar, Toro, and Deere are likely to face challenges from tariffs, including higher costs and softer demand. While they may eventually adapt, the uncertainty makes it prudent to be cautious in the near term.
Toro's Q1 sales declined 1% year-over-year, missing expectations, due to higher material costs and increased promotions. The company reaffirmed its FY25 sales growth and adjusted EPS outlook.
Griffon's (GFF) unit's acquisition of Pope is set to enable it to strengthen its product offerings in the Australian market.
