Toromont Industries Ltd. declared a C$0.56 quarterly dividend per share after third-quarter revenue and earnings rose, the company said in its Nov. 2 results release.
Eligibility falls to investors whose names appear in Toromont's records at close of business on Dec. 7, 2026. They are due the payment Jan. 5, 2027, the company said.
The company recorded C$1,652.1 million in revenue for third-quarter 2026, a 26% increase from a year earlier. Net earnings came to C$192.1 million, up 37% against the same period in 2025.
July's board action had already set the quarterly dividend at C$0.56 per share. Toromont had raised it in February 2026 by C$0.04, a 7.7% increase.
Toromont's February 2026 release traced its annual dividend payments to 1968 and said 2026 was the 37th straight year with an increase. The company pointed to its financial position and long-term outlook when explaining the February raise.
