The Toro Company Declares Regular Quarterly Dividend
BLOOMINGTON, Minn.--(BUSINESS WIRE)--March 13, 2007--The board of directors of The Toro Company (NYSE:TTC) announced today it has declared a regular quarterly cash dividend of 12 cents per share payable April 12, 2007 to stockholders of record March 24, 2007. As of March 13, the company has 41,102,076 common shares outstanding.
About The Toro Company
The Toro Company (NYSE:TTC) is a leading worldwide provider of outdoor beautification products, support services and integrated solutions. With sales of more than $1.8 billion in 2006, Toro is committed to providing environmentally responsible products of customer-valued quality and innovation. Since 1914, the company has built a tradition of excellence around a number of strong brands that serve a customer base that includes golf course superintendents, groundskeepers, sports field managers, landscape and irrigation contractors, fruit and vegetable growers, and homeowners. The Toro Company is headquartered at 8111 Lyndale Avenue in Bloomington, Minn. Visit the company website at www.thetorocompany.com.
CONTACT: The Toro Company
Investor Relations:
John Wright, Director, Investor Relations, 952-887-8865
or
Media Relations:
Connie Kotke, Manager, Corporate Communications,
952-887-8984
pr@toro.com
www.thetorocompany.com
SOURCE: The Toro Company