DividendJun 5, 2026, 09:02 AM
Toro Corp. Pays Special Dividend of $0.90/Share in Cash & Stock
AI Summary
Toro Corp. announced the results of shareholder elections for its special dividend of $0.90 per common share, which was paid on June 5, 2026. The dividend was distributed to shareholders of record as of May 4, 2026, in a combination of cash and the Company's common shares. Based on the elections, approximately $3.8 million was paid in cash and 5,707,246 shares of common stock were issued.
Key Highlights
- Special dividend of $0.90 per common share paid on June 5, 2026.
- Approximately $3.8 million of the dividend was paid in cash.
- 5,707,246 shares of common stock were distributed as part of the dividend.
- The common share dividend was calculated based on $3.8821 per share.
Price Impact
More from TORO