Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Toro (TTC) have what it takes?
The Toro Company (TTC 1.55%) states that its purpose is to "help our customers enrich the beauty, productivity, and sustainability of the land." Its sales range from mowers and turf maintenance equipment to irrigation solutions, underground construction equipment, and snow and ice management products.
| Life Sciences Tools & Services Industry | Healthcare Sector | Richard M. Olson CEO | NYSE Exchange | 891092108 CUSIP |
| US Country | 11,108 Employees | 7 Oct 2025 Last Dividend | 19 Sep 2016 Last Split | 30 Dec 1987 IPO Date |
The Toro Company, founded in 1914 and based in Bloomington, Minnesota, is a global leader in the design, manufacturing, marketing, and sale of equipment for professional and residential use. The company caters to a wide range of markets, including sports fields and grounds, golf course maintenance, landscaping, rental, specialty, and underground construction, as well as snow and ice management. Toro's products are distributed worldwide through a network of distributors, dealers, and directly to government customers, rental companies, and retailers. The company's commitment to innovation and quality has made it a trusted name for professionals and homeowners alike who are engaged in maintaining outdoor spaces and managing landscape projects.
Toro's Professional segment offers an extensive array of equipment and products, including:
Designed for homeowners, this segment offers:
These products are made available to consumers through a network of distributors and dealers, as well as home centers, hardware retailers, mass retailers, and online platforms, facilitating easy access to Toro's quality solutions for home outdoor maintenance.