Quote data as of 6:59 AM ET
Toro Corp. acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil and refined petroleum products worldwide. The company operates through Aframax/LR2 tanker and Handysize tanker segments. It operates a fleet of eight tanker vessels with an aggregate cargo carrying capacity of 0.7 million dwt. The company was incorporated in 2022 and is headquartered in Limassol, Cyprus.
Toro Corp. announced the results of its special dividend election, paying $0.90 per share to shareholders of record as of May 4, 2026.
The dividend was paid as approximately $3.8 million in cash and 5,707,246 shares of common stock, reflecting shareholder preferences.
The share portion was calculated using a 20-day volume-weighted average price of $3.8821 per share.