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The Toro Co (The Toro Co) Dividend Yield %

: 1.69% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of The Toro Co is 1.69%.

Good Sign:

The Toro Co stock dividend yield is close to 10-year high.

The historical rank and industry rank for The Toro Co's Dividend Yield % or its related term are showing as below:

TTC' s Dividend Yield % Range Over the Past 10 Years
Min: 0.87   Med: 1.2   Max: 1.69
Current: 1.69

During the past 13 years, the highest Dividend Yield of The Toro Co was 1.69%. The lowest was 0.87%. And the median was 1.20%.

TTC's Dividend Yield % is ranked worse than
53.65% of 1851 companies
in the Industrial Products industry
Industry Median: 1.82 vs TTC: 1.69

The Toro Co's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.56.

During the past 13 years, the highest Dividend Payout Ratio of The Toro Co was 0.36. The lowest was 0.26. And the median was 0.29.

As of today (2024-04-19), the Forward Dividend Yield % of The Toro Co is 1.73%.

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.


The Toro Co Dividend Yield % Historical Data

The historical data trend for The Toro Co's Dividend Yield % can be seen below:

* 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.

* Premium members only.

The Toro Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.17 1.22 1.10 1.14 1.68

The Toro Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.11 1.23 1.30 1.68 1.49

Competitive Comparison

For the Tools & Accessories subindustry, The Toro Co's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution

For the Industrial Products industry and Industrials sector, The Toro Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where The Toro Co's Dividend Yield % falls into.



The Toro Co 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 0.3602024-03-282024-04-012024-04-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.3602023-12-262023-12-272024-01-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402023-10-032023-10-042023-10-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402023-06-202023-06-212023-07-12Cash DividendquarterlyUSD: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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.4/85.11
=1.64 %

Current Share Price is $85.11.
The Toro Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.4.

The Toro Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.44/85.11
=1.69 %

Current Share Price is $85.11.
The Toro Co's Dividends per Share for the forward twelve months is calculated as $0.36 * 4 = $1.44.

* 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) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


The Toro Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of The Toro Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


The Toro Co (The Toro Co) Business Description

Traded in Other Exchanges
Address
8111 Lyndale Avenue South, Bloomington, MN, USA, 55420-1196
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.
Executives
Gregory S Janey officer: VP, RLC 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Janet Katherine Cooper director 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Kurt D Svendsen officer: VP, Information Services 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Kevin N Carpenter officer: VP, Global Ops & Supply Chain 8111 LYNDALE AVE S, BLOOMINGTON MN 55420
Edric C Funk officer: Group VP, Golf, Grounds & Irr 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Jason P Baab officer: VP, Strategy, Corp Dev & Sust 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Daryn A Walters officer: VP, Exmark 8111 LYNDALE AVE S, BLOOMINGTON MN 55420
Joanna M. Totsky officer: VP, GC & Corp Secretary 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Richard W Rodier officer: Section 16 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Gary Lee Ellis director THE TORO COMPANY, 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Jody M Christy officer: Vice President, BOSS 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Renee J Peterson officer: VP, Finance & CFO 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Blake M Grams officer: mging dir., corp. controller 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Richard M Olson officer: VP, Exmark 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Amy E Dahl officer: VP, Human Resources 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420