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The Toro Company Declares Regular Quarterly Cash Dividend

December 3, 2019

BLOOMINGTON, Minn.--(BUSINESS WIRE)--Dec 3, 2019--

The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.25 per share, an 11.1 percent increase from its previous quarterly dividend rate of $0.225 per share. This dividend is payable on January 9, 2020, to shareholders of record on December 26, 2019.

About The Toro Company
The Toro Company (NYSE: TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. With sales of $2.6 billion in fiscal 2018, The Toro Company’s global presence extends to more than 125 countries through a family of brands that includes Toro, Ditch Witch, Exmark, BOSS Snowplow, American Augers, Subsite Electronics, HammerHead, Trencor, Unique Lighting Systems, Irritrol, Hayter, Pope, Lawn-Boy and Radius HDD. Through constant innovation and caring relationships built on trust and integrity, The Toro Company and its family of brands have built a legacy of excellence by helping customers care for golf courses, sports fields, construction sites, public green spaces, commercial and residential properties and agricultural operations. For more information, visit www.thetorocompany.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191203005978/en/

CONTACT: Investor Relations

Nicholas Rhoads

Director, Investor Relations

(952) 887-8865,nicholas.rhoads@toro.comMedia Relations

Branden Happel

Senior Manager, Public Relations

(952) 887-8930,branden.happel@toro.com

KEYWORD: UNITED STATES NORTH AMERICA MINNESOTA

INDUSTRY KEYWORD: RETAIL HOME GOODS MANUFACTURING AGRICULTURE NATURAL RESOURCES OTHER MANUFACTURING

SOURCE: The Toro Company

Copyright Business Wire 2019.

PUB: 12/03/2019 04:30 PM/DISC: 12/03/2019 04:30 PM

http://www.businesswire.com/news/home/20191203005978/en