The Toro Company
TTC21 yrs growthIndustrials · Stock · quarterly payer
Forward Yield
1.62%
Annual Dividend
$1.56
Payout Ratio
41%
5-Yr Growth
8.6%
Ex-Date
Oct 6, 2026
Frequency
Quarterly
Summary
As of September 2026, The Toro Company (TTC) yields 1.62% ($1.56 per share annually), with a blended fair-value estimate of $83.76 — -10% downside, so it screens as fairly valued. Dividend safety grade: A (94/100). 21 years of dividend growth.
Is TTC a good dividend stock?
YesThe Toro Company (TTC) pays a quarterly dividend yielding 1.62% ($1.56/yr), with 21 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 21 consecutive years of dividend growth
- Comfortable payout ratio (41%)
- Strong 8.6% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 1988
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.62%
- Payout Ratio
- 41%
- Annual Dividend
- $1.56
- 5-Yr Avg Growth
- 8.6%
- Ex-Dividend Date
- Oct 6, 2026
- Years of Growth
- 21
- Frequency
- quarterly
- Beta
- 0.71
- Market Cap
- $9.1B
- P/E Ratio
- 25.8
- 5-Yr Total Return
- -2%
- 52-Week Range
- $67.64 – $105.19
- Dividend Safety
- A · 94/100
- Ever Cut?
- Yes (1988)
Frequently Asked Questions
TTC Price — Last 12 Months
Daily close
Price Return
1 Year
+25%
3 Years
+16%
5 Years
-2%
52-Week Range
$67.64 – $105.19
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TTC worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for The Toro Company is $83.76 per share, versus a market price of $93.49. That implies the stock is roughly fairly priced.
Fair Value
$83.76
Current Price
$93.49
Gap
-10%
Margin of Safety
-12%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 7.9% annual free-cash-flow growth. We model 10.1% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.8% discount rate (CAPM), 10.1% stage-1 growth, 2.5% terminal growth, $3.74 EPS, $1.56 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TTC Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full TTC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 16, 2026 | — | $0.3900 | regular |
| Mar 30, 2026 | — | $0.3900 | regular |
| Dec 22, 2025 | — | $0.3900 | regular |
| Oct 7, 2025 | — | $0.3800 | regular |
| Jun 17, 2025 | — | $0.3800 | regular |
| Mar 31, 2025 | — | $0.3800 | regular |
| Dec 23, 2024 | — | $0.3800 | regular |
| Sep 30, 2024 | — | $0.3600 | regular |
| Jun 18, 2024 | — | $0.3600 | regular |
| Mar 28, 2024 | — | $0.3600 | regular |
| Dec 26, 2023 | — | $0.3600 | regular |
| Oct 3, 2023 | — | $0.3400 | regular |
| Jun 20, 2023 | — | $0.3400 | regular |
| Apr 5, 2023 | — | $0.3400 | regular |
Income Calculator
At $1.56 / yr per share
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