As of today (2024-04-25), the Forward Annual Dividend Yield of The Toro Co is 1.70%.
As of today (2024-04-25), the Trailing Annual Dividend Yield of The Toro Co is 1.66%.
TTC's Forward Dividend Yield % is ranked worse than 55.36% of 1846
companies
in the Industrial Products industry
Industry Median: 1.955
vs TTC: 1.70
The Toro Co's Dividends per Share for the
three
months ended in Jan. 2024 was $0.36.
During the past 12 months, The Toro Co's average Dividends Per Share Growth Rate was 11.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 10.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 10.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 15.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Toro Co was 58.70% per year. The lowest was 6.30% per year. And the median was 17.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of The Toro Co's Forward Dividend Yield %
For the Tools & Accessories subindustry, The Toro Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The Toro Co's Forward Dividend Yield % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, The Toro Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where The Toro Co's Forward Dividend Yield % falls into.
The Toro Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
The Toro Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.360
2024-03-28
2024-04-01
2024-04-12
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.360
2023-12-26
2023-12-27
2024-01-11
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.340
2023-10-03
2023-10-04
2023-10-18
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.340
2023-06-20
2023-06-21
2023-07-12
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
The Toro Co's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1.44
/
87.20
=
1.65 %
Current Share Price is $87.20.
The Toro Co's Dividends per Share for the forward twelve months is calculated as $0.36 * 4 = $1.44.
The Toro Co's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
1.4
/
87.20
=
1.61 %
Current Share Price is $87.20.
The Toro Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.4.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The Toro Co (NYSE:TTC) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
The Toro Co Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of The Toro Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
The Toro Co manufactures turf maintenance and landscaping equipment. The company produces reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, underground irrigation systems, heavy-duty walk-behind mowers, and sprinkler systems used for professional turf and landscape maintenance and construction. Its products are marketed through a network of distributors and dealers to predominantly professional users maintaining turfs and sports fields such as golf courses. Its operating segments are Professional which generates a substantial part of its revenue, and Residential segment. The company also produces snow plowers and ice management products. Its key revenue generating market is the United States.
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