Looking at the universe of stocks we cover at Dividend Channel, on 12/24/19, Toro Company (Symbol: TTC) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 1/9/20. As a percentage of TTC's recent stock price of $78.50, this dividend works out to approximately 0.32%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TTC is likely to continue, and whether the current estimated yield of 1.27% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TTC shares, versus its 200 day moving average:
Looking at the chart above, TTC's low point in its 52 week range is $52.97 per share, with $81.81 as the 52 week high point — that compares with a last trade of $78.22.
In Friday trading, Toro Company shares are currently up about 2.6% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
