BLOOMINGTON, Minn.--(BUSINESS WIRE)--Dec. 2, 2009-- The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of 18 cents per share, a 20 percent increase from its previous quarterly dividend rate of 15 cents per share. This dividend is payable on January 12, 2010 to shareholders of record on December 18, 2009.

As of November 27, 2009, the company had 33,991,615 common shares outstanding.

About The Toro Company

The Toro Company (NYSE: TTC) is a leading worldwide provider of turf and landscape maintenance equipment, and precision irrigation systems. With sales of nearly $1.9 billion in fiscal 2008, Toro’s global presence extends to more than 140 countries through its reputation of world-class service, innovation and turf expertise. Since 1914, the company has built a tradition of excellence around a number of strong brands to help customers care for golf courses, sports fields, public green spaces, commercial and residential properties, and agricultural fields. More information is available at www.toro.com.

Source: The Toro Company

The Toro Company
Investor Relations
John Wright, 952-887-8865
Director, Investor Relations
invest@toro.com
or
Media Relations
Branden Happel, 952-887-8930
Manager, Public Relations
pr@toro.com