Toro Dividends and Buybacks
Dividend criteria checks 5/6
Toro is a dividend paying company with a current yield of 1.9% that is well covered by earnings. Next payment date is on 13th January, 2025 with an ex-dividend date of 23rd December, 2024.
Key information
1.9%
Dividend yield
2.9%
Buyback Yield
| Total Shareholder Yield | 4.8% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | 1.3% |
| Next dividend pay date | 13 Jan 25 |
| Ex dividend date | 23 Dec 24 |
| Dividend per share | US$1.520 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Toro: The Stability Investors Need In The Next Tariff Cycle
Dec 20Toro (NYSE:TTC) Is Increasing Its Dividend To $0.38
Dec 19
Is Toro (NYSE:TTC) Using Too Much Debt?
Dec 11The Toro Company's (NYSE:TTC) Popularity With Investors Is Under Threat From Overpricing
Nov 05The Returns On Capital At Toro (NYSE:TTC) Don't Inspire Confidence
Oct 17Calculating The Intrinsic Value Of The Toro Company (NYSE:TTC)
Sep 29High Quality Dividend Stock Universe: The Toro Company, Greener Grass Ahead
Sep 15Is Toro (NYSE:TTC) Using Too Much Debt?
Sep 11Toro: Like Watching Grass Grow
Sep 06Investors Interested In The Toro Company's (NYSE:TTC) Earnings
Aug 06Calculating The Fair Value Of The Toro Company (NYSE:TTC)
Jul 01The Toro Company: Answers The Shorts, But Still Not Cheap
Jun 07The Toro Company: Guidance Risks Are Partially Priced In
May 31Toro (NYSE:TTC) Could Be Struggling To Allocate Capital
May 27Estimating The Fair Value Of The Toro Company (NYSE:TTC)
Mar 31The Toro Company's (NYSE:TTC) CEO Might Not Expect Shareholders To Be So Generous This Year
Mar 13The Toro Company Just Missed Earnings - But Analysts Have Updated Their Models
Mar 11Toro Q1: Don't Forget It's A Seasonal Business
Mar 08Here's Why Toro (NYSE:TTC) Can Manage Its Debt Responsibly
Feb 25The Toro Company (NYSE:TTC) Not Lagging Market On Growth Or Pricing
Feb 06Capital Allocation Trends At Toro (NYSE:TTC) Aren't Ideal
Jan 15Toro Has Been Cut Low Enough (Rating Upgrade)
Dec 21The Toro Company: Excellent Opportunities Often Arise After Disappointing Results
Oct 17Toro: Investors Get The Horns
Sep 08Should Toro Trim Its Residential Business?
Jul 04The Toro Company: Growth Challenges Ahead
May 31The Toro Company: Price Reflects Maximum Growth Potential
Jan 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TTC's dividends per share have been stable in the past 10 years.
Growing Dividend: TTC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Toro Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TTC) | 1.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (TTC) (up to 3 years) | 1.8% |
Notable Dividend: TTC's dividend (1.9%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: TTC's dividend (1.9%) is low compared to the top 25% of dividend payers in the US market (4.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.7%), TTC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33%), TTC's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:37 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Toro Company is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Wojs | Baird |
| Ross Gilardi | BofA Global Research |
| Ana Garcia | CFRA Equity Research |