Toro Declares 18 Cent Dividend
March 21, 2010 (FinancialWire) — The Toro Co.’s (NYSE: TTC) board of directors has declared a regular quarterly cash dividend of 18 cents per share. This dividend is payable on April 12, 2010 to shareholders of record on March 29, 2010.
As of March 15, 2010, the company had 33,797,544 common shares outstanding.
Minnesota-based Toro is a provider of turf and landscape maintenance equipment, and irrigation systems.
Toro posted sales of more than $1.5 billion in fiscal 2009.
FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public companies is available through the Investrend Research Syndicate (http://www.investrend.com/reports) written by FIRST Research Consortium (http://www.investrend.com/FIRST) member-providers. Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network’s “FirstAlert(tm) Daily” (http://www.financialwire.net/news-alerts/).
FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) website (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.