Toro Ventures, Inc. (TORO) Declares $0.90 Special Dividend; 23% Yield

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Toro Corp. Declares Special Dividend of $0.90 Per Share

April 22, 2026 9:10 AM EDT

LIMASSOL, Cyprus, April 22, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (Toro, or the Company), a global energy transportation provider, today announced that the Company's board of directors has declared a one-time, special dividend of $0.90 per common share, consisting of either cash or the Companys common shares. The dividend is payable to the Companys shareholders of record at the close of business on May 4, 2026 and is expected to be paid on June 5, 2026 (the Dividend Payment Date).

The Company expects the dividend will be a taxable dividend to shareholders,... More