Toro Increases Regular Quarterly Dividend

The Toro Company last week announced that its board of directors declared a regular quarterly cash dividend of $0.22 per share, an increase from its previous quarterly dividend rate of $0.20 per share. This dividend is payable on Jan. 9, 2012 to shareholders of record on Dec.16, 2011.

The Toro Co., based in Bloomington, Minn., is a worldwide provider of turf and landscape maintenance equipment, and precision irrigation systems.