Toro hikes dividend by 2.6%

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On December 9, 2025, Toro (TTC) announced a 2.6% dividend increase, raising its quarterly payout to $0.39 per share. With shares at $73.33, the new payout represents a forward yield of around 2.1%. Toro has now delivered 17 consecutive years of dividend growth.

This represents Toro’s smallest dividend increase since 2008. Shares are down about 12% year-to-date. The ex-dividend date is December 22, 2025.

Toro manufactures outdoor landscaping, turf, irrigation and snow-management equipment, serving residential, commercial and municipal markets. More information is available on the company’s official website.

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