NEW YORK (

TheStreet

) -- The ex-dividend date for

Toro Company

(NYSE:

TTC

) is tomorrow, May 31, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $74.61 as of 9:35 a.m. ET, the dividend yield is 1.2%.

The average volume for Toro has been 211,200 shares per day over the past 30 days. Toro has a market cap of $2.24 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are up 24.4% year to date as of the close of trading on Tuesday.

The Toro Company designs, manufactures, and markets professional turf maintenance equipment and services worldwide. The company has a P/E ratio of 17.8, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Toro as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, revenue growth, notable return on equity and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

Toro Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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