The Toro Company Declares Regular Quarterly Cash Dividend

BLOOMINGTON, Minn.--(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.15 per share, payable on October 14, 2016, to shareholders of record on October 3, 2016. The amount of the quarterly cash dividend is adjusted to reflect the Company’s two-for-one stock split, which was effective on September 16, 2016.

About The Toro CompanyThe Toro Company (NYSE: TTC) is a leading worldwide provider of innovative solutions for the outdoor environment, including turf, snow and ground engaging equipment and irrigation and outdoor lighting solutions. With sales of $2.4 billion in fiscal 2015, Toro’s global presence extends to more than 90 countries. Through constant innovation and caring relationships built on trust and integrity, Toro and its family of brands have built a legacy of excellence by helping customers care for golf courses, landscapes, sports fields, public green spaces, commercial and residential properties and agricultural fields. For more information, visit www.thetorocompany.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160920006737/en/

The Toro Company
Investor Relations
Heather Hille, 952-887-8923
Director, Investor Relations
[email protected]
or
Media Relations
Branden Happel, 952-887-8930
Senior Manager, Public Relations
[email protected]

Source: The Toro Company

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