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NEW YORK ( TheStreet) -- The ex-dividend date for Toro Company (NYSE: TTC) is tomorrow, March 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $71.26 as of 9:30 a.m. ET, the dividend yield is 1.2%. The average volume for Toro has been 130,500 shares per day over the past 30 days. Toro has a market cap of $1.88 billion and is part of the industrial goods sector and industrial industry. Shares are up 17.6% 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 18.7, above the average industrial industry P/E ratio of 17.2 and above the S&P 500 P/E ratio of 17.7.