Toro Company (The)
TTCThe 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 |
|---|---|---|---|
| January 12, 2026 | $0.39 | 2025-12-22 | 2025-12-22 |
| 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 |
Dividends Summary
- Consistent Payer: Toro Company (The) has rewarded shareholders with 89 dividend payments over the past 22 years.
- Total Returned Value: Investors who held TTC shares during this period received a total of $18.70 per share in dividend income.
- Latest Payout: The most recent dividend of $0.39/share was paid 11 days ago, on January 12, 2026.
- Yield & Schedule: TTC currently pays dividends quarterly with an annual yield of 1.69%.
- Dividend Growth: Since 2004, the dividend payout has grown by 550.0%, from $0.06 to $0.39.
- Dividend Reliability: TTC has maintained or increased its dividend for 38 consecutive payments.
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 stock dropped 5% after the company reported lower-than-expected Q1 revenue, despite keeping its full-year outlook unchanged. While Toro's commercial business is performing well, its residential business is slow, and the company shipped fewer products due to unsold inventory. However, Toro has been able to reward shareholders with a dividen...
Toro reported mixed Q1 2025 results, with the Professional segment posting strong performance but the Residential segment facing challenges. The company maintained its full-year guidance, focusing on innovation, Professional segment growth, and operational productivity.
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.
