At the end of January 11, 2024, Toro TTC will reward its shareholders with a dividend payout of $0.36 per share, demonstrating an annualized dividend yield of 1.71%. Remember, only investors who held the stock before the ex-dividend date on December 26, 2023 will receive this payout.
Toro Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-26 | 4 | $0.36 | 1.71% | 2023-12-12 | 2023-12-27 | 2024-01-11 |
| 2023-10-03 | 4 | $0.34 | 1.67% | 2023-09-19 | 2023-10-04 | 2023-10-18 |
| 2023-06-20 | 4 | $0.34 | 1.29% | 2023-05-23 | 2023-06-21 | 2023-07-12 |
| 2023-04-05 | 4 | $0.34 | 1.25% | 2023-03-21 | 2023-04-06 | 2023-04-19 |
| 2022-12-27 | 4 | $0.34 | 1.22% | 2022-12-13 | 2022-12-28 | 2023-01-11 |
| 2022-10-04 | 4 | $0.3 | 1.32% | 2022-09-20 | 2022-10-05 | 2022-10-18 |
| 2022-06-21 | 4 | $0.3 | 1.53% | 2022-05-17 | 2022-06-22 | 2022-07-13 |
| 2022-04-05 | 4 | $0.3 | 1.46% | 2022-03-15 | 2022-04-06 | 2022-04-21 |
| 2021-12-27 | 4 | $0.3 | 1.22% | 2021-12-14 | 2021-12-28 | 2022-01-11 |
| 2021-10-05 | 4 | $0.26 | 1.03% | 2021-09-21 | 2021-10-06 | 2021-10-21 |
| 2021-06-21 | 4 | $0.26 | 0.94% | 2021-05-18 | 2021-06-22 | 2021-07-14 |
| 2021-04-01 | 4 | $0.26 | 1.01% | 2021-03-16 | 2021-04-05 | 2021-04-20 |
When it comes to dividend yield, Toro stands tall above its industry peers, boasting a remarkable annualized dividend yield of 1.49%.
Analyzing Toro Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
During the period of 2020 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $1.01 to $1.38, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Toro
The earnings chart illustrates an increase in Toro's earnings per share, from $3.02 in 2020 to $4.22 in 2023. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
In this article, we delve into Toro's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.36 per share today, resulting in an annualized dividend yield of 1.71%.
When it comes to dividend yield, Toro stands tall above its industry peers, boasting a remarkable annualized dividend yield of 1.49%.
With an increase in dividend per share and earnings per share from 2020 to 2023, Toro demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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