---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-045387"
form_type: "8-K"
ticker: "TTC"
cik: "0000737758"
company_name: "TORO CO"
filed_at: "2022-12-13T23:59:59+00:00"
generated_at: "2026-06-21T05:49:30.064829+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Toro increases quarterly dividend 13% to $0.34, authorizes 5M share repurchase

## Summary
- Regular quarterly cash dividend raised to $0.34 per share, up 13% from $0.30.
- Dividend payable Jan 11, 2023 to holders of record Dec 28, 2022; 14th consecutive annual increase.
- Board authorized new repurchase of up to 5M shares, with no expiration date.
- Total share repurchase authorization now 7,526,606 shares as of Dec 13, 2022.

## SEC filing metadata
- accession: 0001140361-22-045387
- form_type: 8-K
- ticker: TTC
- cik: 0000737758
- company_name: TORO CO
- filed_at: 2022-12-13T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/737758/000114036122045387/0001140361-22-045387-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/737758/000114036122045387/brhc10045358_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-045387
- JSON: https://secwatch.observer/filing/0001140361-22-045387.json
- Plain text: https://secwatch.observer/filing/0001140361-22-045387.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.