Toro Corp. Declares $0.90 Special Dividend

Toro Corp. announced a one-time special dividend of $0.90 per common share, offering shareholders the option to receive it in cash or common shares. The dividend is payable to shareholders of record on May 4, 2026, with an expected payment date of June 5, 2026. Shareholders wishing to receive shares must submit an election form by May 22, 2026, with the share conversion based on a 20-day VWAP of $3.8821 per share.