The Toro Company, the new parent company of Oklahoma-based Ditch Witch in Perry declared a regular quarterly cash dividend of 25-cents a share.
The dividend will be payable on April 9, 2020 to shareholders of record on March 30, 2020.
Based in Minnesota, The Toro Company took over Ditch Witch in a $700 million deal in February of 2019. With sales of $3.1 billion in fiscal 2019, 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, Ventrac, American Augers, Subsite Electronics, HammerHead, Trencor, Unique Lighting Systems, Irritrol, Hayter, Pope, Lawn-Boy and Radius HDD.
Source: BusinessWire