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Toro (TTC) Dividend Yield, Date & History

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$81.48 +0.39 (+0.48%)
(As of 12/20/2024 05:16 PM ET)

Toro Dividend Summary

Dividend Yield
1.87%
Annual Dividend
$1.52
Next
Dividend Payment
Jan. 13
Dividend Increase
Track Record
21 Years
Annualized 3-Year
Dividend Growth
10.87%
Dividend Payout Ratio
37.91%

Toro (TTC) pays an annual dividend of $1.52 per share, with a dividend yield of 1.87%. The next quarterly payment of $0.38 per share is scheduled for Monday, January 13, to investors who own the stock before the ex-dividend date of Monday, December 23. TTC has grown its dividend for 21 consecutive years, with an average annual increase of 3.50%. The company currently pays out 37.91% of its earnings and 30.41% of its cash flow as dividends.

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TTC Dividend Payments by Quarter

The chart below displays up to four years of Toro's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

TTC Dividend Yield Over Time

The chart below tracks Toro's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Toro vs. The Competition

Compare Toro's annual dividend, yield, and 3-year growth rate with averages for Discretionary and NYSE companies to evaluate its performance against the market.

TypeToroDiscretionary CompaniesNYSE Companies
Annual Dividend$1.52$0.01$1.39
Dividend Yield1.87%2.80%3.58%
Annualized 3-Year Dividend Growth10.87%23.28%15.78%
Track Record21 years16 years24 years

Toro Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings37.91%
Based on This Year's Estimate36.54%
Based on Next Year's Estimate33.12%
Based on Cashflow30.41%

Toro Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/10/2024quarterly$0.38+$0.02
5.56%
1.74%12/23/202412/23/20241/13/2025
9/17/2024Quarterly$0.36 - 1.69%9/30/20249/30/202410/11/2024
5/21/2024quarterly$0.36 - 1.67%6/18/20246/18/20246/11/2024
3/19/2024quarterly$0.36 - 1.61%3/28/20244/1/20244/12/2024
12/12/2023quarterly$0.36+$0.02
5.88%
1.73%12/26/202312/27/20231/11/2024
9/19/2023quarterly$0.34 - 1.69%10/3/202310/4/202310/18/2023
5/23/2023quarterly$0.34 - 1.3%6/20/20236/21/20237/12/2023
3/21/2023quarterly$0.34 - 1.23%4/5/20234/6/20234/19/2023

This table shows Toro's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Toro Dividend - Frequently Asked Questions

The current dividend yield for Toro is 1.87%. Learn more on TTC's dividend yield history.

The annual dividend for TTC shares is $1.52. Learn more on TTC's annual dividend history.

Toro pays quarterly dividends to shareholders.

Toro's next quarterly dividend payment of $0.38 per share will be made to shareholders on Monday, January 13, 2025.

Toro's most recent quarterly dividend payment of $0.36 per share was made to shareholders on Friday, October 11, 2024.

Toro's next ex-dividend date is Monday, December 23, 2024.

Toro's most recent ex-dividend date was Monday, September 30, 2024.

Over the past three years, the company's dividend has grown by an average of 10.87% per year.

Toro has increased its dividend for the past 21 consecutive years.

The most recent change in the company's dividend was an increase of $0.02 on Tuesday, December 10, 2024.

The dividend payout ratio for TTC is:
  • 37.91% based on the trailing year of earnings
  • 36.54% based on this year's estimates
  • 33.12% based on next year's estimates
  • 30.41% based on cash flow

Toro's dividend yield of 1.69% is lower than the average Consumer Discretionary company that issues a dividend. The company's 21 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Toro's dividend payout ratio of 37.91% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Toro stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:TTC) was last updated on 12/21/2024 by MarketBeat.com Staff
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