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Toro Co (NYSE:TTC)
Dividend Payout Ratio
0.23 (As of Jul. 2014)

Toro Co's dividend payout ratio for the three months ended in Jul. 2014 was 0.23.

TTC' s 10-Year Dividend Payout Ratio Range
Min: 0.03   Max: 27.5
Current: 0.26

0.03
27.5

During the past 2 years, the highest Dividend Payout Ratio of Toro Co was 27.50. The lowest was 0.03. And the median was 0.19.

TTC's Dividend Payout Ratiois ranked higher than
85% of the 1259 Companies
in the Global Tools & Accessories industry.

( Industry Median: 0.31 vs. TTC: 0.26 )

As of Today, the Trailing Annual Dividend Yield of Toro Co is 1.28%.

Good Sign:

Toro Co stock dividend yield is close to 2-year high.

During the past 2 years, the highest Trailing Annual Dividend Yield of Toro Co was 2.84%. The lowest was 0.29%. And the median was 1.06%.

Toro Co's Dividends Per Share for the three months ended in Jul. 2014 was $0.20.

During the past 12 months, Toro Co's average Dividends Per Share Growth Rate was 39.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 23.20% per year.

During the past 2 years, the highest 3-Year average Dividends Per Share Growth Rate of Toro Co was 58.70% per year. The lowest was 0.00% per year. And the median was 11.85% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Definition

Dividend payout ratio measures the percentage of the company’s earnings paid out as dividends.

Toro Co's Dividend Payout Ratio for the fiscal year that ended in Apr. 2014 is calculated as

Dividend Payout Ratio=Dividends Per Share (A: Apr. 2014 )/Earnings per Share (A: Apr. 2014 )
=0.68/2.705
=0.25

Toro Co's Dividend Payout Ratio for the quarter that ended in Jul. 2014 is calculated as

Dividend Payout Ratio=Dividends Per Share (Q: Jul. 2014 )/Earnings per Share (Q: Jul. 2014 )
=0.2/0.87
=0.23

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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.


Related Terms

Net Income, Dividends Per Share, Earnings per Share, Dividend Yield, 3-Year Dividends Growth Rate, 5-Year Dividends Growth Rate


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Toro Co Annual Data

Jul95Apr14
payout 0.000.000.000.000.000.000.000.000.170.25

Toro Co Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
payout 0.100.1627.500.260.110.211.670.460.130.23
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