The Toro Company Declares Regular Quarterly Dividend
BLOOMINGTON, Minn.--(BUSINESS WIRE)--Dec. 3, 2008--The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of 15 cents per share. The dividend is payable on January 12, 2009 to shareholders of record on December 18, 2008.
As of December 2, the company has 36,322,566 common shares outstanding.
About The Toro Company
The Toro Company (NYSE: TTC) is a leading worldwide provider of turf and landscape maintenance equipment, and precision irrigation systems. With sales of nearly $1.9 billion in 2007, Toro's global presence extends to more than 140 countries through its reputation of world-class service, innovation and turf expertise. Since 1914, the company has built a tradition of excellence around a number of strong brands to help customers care for golf courses, sports fields, public green spaces, commercial and residential properties, and agricultural fields. More information is available at www.thetorocompany.com.
CONTACT: The Toro Company
Investor Relations
John Wright, 952-887-8865
Director, Investor Relations
invest@toro.com
or
Media Relations
Branden Happel, 952-887-8930
Manager, Public Relations
pr@toro.com
www.thetorocompany.com
Source: The Toro Company