The board of directors of The Toro Company last week announced it has declared a regular quarterly cash dividend of 12 cents per share payable April 12, to stockholders of record March 24.
As of March 13, the company has 41,102,076 common shares outstanding.
Based in Bloomington, Minn., The Toro Co. is an international provider of outdoor beautification products, support services and integrated solutions. The company reported sales of more than $1.8 billion in 2006.