Toro Co

NYSE TTC

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Toro Co Dividend Payout Ratio for the year ending October 31, 2023: 43.04%

Toro Co Dividend Payout Ratio is 43.04% for the year ending October 31, 2023, a 51.77% change year over year. The dividend payout ratio measures the percentage of a company's net income that is distributed as dividends to shareholders. It is calculated by dividing dividends paid by net income. This ratio provides insights into the portion of earnings that is returned to shareholders in the form of dividends. A higher ratio indicates a larger proportion of earnings being paid out as dividends.
  • Toro Co Dividend Payout Ratio for the year ending October 31, 2022 was 28.36%, a 3.38% change year over year.
  • Toro Co Dividend Payout Ratio for the year ending October 31, 2021 was 27.43%, a -16.02% change year over year.
  • Toro Co Dividend Payout Ratio for the year ending October 31, 2020 was 32.67%, a -6.90% change year over year.
  • Toro Co Dividend Payout Ratio for the year ending October 31, 2019 was 35.09%, a 12.21% change year over year.
NYSE: TTC

Toro Co

CEO Mr. Richard M. Olson
IPO Date Dec. 30, 1987
Location United States
Headquarters 8111 Lyndale Avenue South, Bloomington, MN, United States, 55420-1196
Employees 10,706
Sector Industrials
Industry Tools & accessories
Description

The Toro Company designs, manufactures, markets, and sells professional turf maintenance equipment and services. It operates through two segments: Professional and Residential. The Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment, such as horizontal directional drills, walk and ride trenchers, stand-on skid steers, vacuum excavators, stump grinders, turf renovation products, asset locators, pipe rehabilitation solutions, materials handling equipment, and other after-market tools; and snow and ice management equipment, such as snowplows, as well as stand-on snow and ice removal equipment, such as snowplow, snow brush, and snow thrower attachments, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders. This segment also provides irrigation and lighting products that consist of sprinkler heads, electric and hydraulic valves, controllers, computer irrigation central control systems, coupling systems, and ag-irrigation drip tape and hose products, as well as professionally installed landscape lighting products offered through distributors and landscape contractors. The Residential segment provides walk power mowers, zero-turn riding mowers, snow throwers, replacement parts, and home solution products that include grass and hedge trimmers, leaf blowers, blower-vacuums, chainsaws, string trimmers, hoses, and hose-end retail irrigation products. It sells its products through a network of distributors, dealers, mass retailers, hardware retailers, equipment rental centers, home centers, and online. The company was founded in 1914 and is headquartered in Bloomington, Minnesota.

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StockViz Staff

September 20, 2024

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