TORO - Dividend announcements

LIMASSOL, Cyprus, May 28, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), a global energy transportation provider, today announced its results for the three months ended March 31, 2026. Highlights of the First Quarter Ended March 31, 2026: Total vessel revenues from continuing operations: $6.0 million, as compared to $5.5 million for the three months ended March 31, 2025, or a 9.1% increase; Net income from continuing operations: $0.5 million, as compared to $1.5 million for the three months ended March 31, 2025, or a 66.7% decrease;Net income: $0.5 million, as compared to $1.6 million for the three months ended March 31, 2025, or a 68.8% decrease;(Loss)/Ea

LIMASSOL, Cyprus, April 22, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company"), a global energy transportation provider, today announced that the Company's board of directors has declared a one-time, special dividend of $0.90 per common share, consisting of either cash or the Company's common shares. The dividend is payable to the Company's shareholders of record at the close of business on May 4, 2026 and is expected to be paid on June 5, 2026 (the "Dividend Payment Date"). The Company expects the dividend will be a taxable dividend to shareholders, regardless of whether received in the form of cash or common shares. For shareholders that wish to receive the di

LIMASSOL, Cyprus, April 15, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), a global energy transportation provider, today announced its results for the three months and the year ended December 31, 2025. Highlights of the Fourth Quarter Ended December 31, 2025: Total vessel revenues from continuing operations: $6.1 million, as compared to $5.2 million for the three months ended December 31, 2024, or a 17.3% increase; Net income from continuing operations: $1.4 million, as compared to $1.0 million for the three months ended December 31, 2024, or a 40% increase;Net income: $1.6 million, as compared to $1.0 million for the three months ended December 31, 2024,

LIMASSOL, Cyprus, Jan. 16, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company"), a global energy transportation provider today announces the results of shareholder elections relating to its special dividend declared by its Board of Directors on December 5, 2025. The dividend of $1.75 per common share consists of either cash or the Company's common shares and was paid on January 16, 2026, to shareholders of record as of December 16, 2025. As previously announced, Nasdaq advised the Company that its common shares would trade with due bills, representing an assignment of the right to receive the special dividend in cash, from the record date of December 16, 2025, th

LIMASSOL, Cyprus, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company"), a global energy transportation provider, today announced that the Company's board of directors has declared a one-time, special dividend of $1.75 per common share, consisting of either cash or the Company's common shares. The dividend is payable to the Company's shareholders of record at the close of business on December 16, 2025 and is expected to be paid on January 16, 2026 (the "Dividend Payment Date"). Given that the payment of the special dividend represents more than 25% of the trading price of the Company's common shares, Nasdaq has advised the Company that its common shares will

LIMASSOL, Cyprus, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro" or the "Company") a global energy transportation provider, today announced its results for the three months and the six months ended June 30, 2025. Highlights of the Second Quarter Ended June 30, 2025: Total vessel revenues from continuing operations: $4.1 million, as compared to $5.4 million for the three months ended June 30, 2024, or a 24.1% decrease; Net income from continuing operations: $1.4 million, as compared to $1.1 million for the three months ended June 30, 2024, or a 27.3% increase;Net income: $1.4 million, as compared to $1.1 million for the three months ended June 30, 2024, or a 27.3% inc

LIMASSOL, Cyprus, July 17, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), a global energy transportation provider, today announced its results for the three months ended March 31, 2025. Highlights of the First Quarter Ended March 31, 2025: Total vessel revenues from continuing operations: $5.5 million, as compared to $6.4 million for the three months ended March 31, 2024, or a 14.1% decrease; Net income from continuing operations: $1.5 million, as compared to $2.4 million for the three months ended March 31, 2024, or a 37.5% decrease;Net income: $1.6 million, as compared to $22.1 million for the three months ended March 31, 2024, or a 92.8% decrease;Earnin

LIMASSOL, Cyprus, April 15, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the year ended December 31, 2024. Highlights of the Fourth Quarter Ended December 31, 2024: Total vessel revenues from continuing operations: $5.2 million, as compared to $7.3 million for the three months ended December 31, 2023, or a 28.8% decrease; Net income from continuing operations: $1.0 million, as compared to $9.3 million for the three months ended December 31, 2023, or a 89.2% decrease;Net income: $1.0 million, as compared to $28.2 million for the three

LIMASSOL, Cyprus, March 01, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company") an international energy transportation services company, announces that its Board of Directors (the "Board"), has decided, on the recommendation of a special committee of the Board, consisting of its independent disinterested members, to effect a spin-off of its Handysize tanker business comprising of one Handysize tanker and Xavier Shipping Co. (subsidiary formerly owning the M/T Wonder Formosa) (the "Spin-Off"). In the Spin-Off, Toro shareholders will receive one common share of Robin Energy Ltd. ("Robin"), a newly formed subsidiary that will act as the holding company for the one tan

LIMASSOL, Cyprus, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the nine months ended September 30, 2024. Highlights of the Third Quarter Ended September 30, 2024: Total vessel revenues from continuing operations: $5.3 million, as compared to $6.5 million for the three months ended September 30, 2023, or a 18.5% decrease;Net income from continuing operations: $1.0 million, as compared to $0.2 million for the three months ended September 30, 2023, or a 400.0% increase;Net income: $1.0 million, as compared to $35.1 million for the three mon

LIMASSOL, Cyprus, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the six months ended June 30, 2024. Highlights of the Second Quarter Ended June 30, 2024: Total vessel revenues: $5.5 million, as compared to $24.9 million for the three months ended June 30, 2023, or a 77.9% decrease;Net income: $1.1 million, as compared to $55.4 million for the three months ended June 30, 2023, or a 98.0% decrease;Earnings per common share, basic: $0.001 per share, as compared to $3.34 per share for the three months ended June 30, 2023;EBITDA(1): $0.2 milli

LIMASSOL, Cyprus, May 10, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months ended March 31, 2024. Highlights of the First quarter Ended March 31, 2024: Total vessel revenues: $7.0 million, as compared to $31.2 million for the three months ended March 31, 2023, or a 77.6% decrease;Net income: $22.1 million, as compared to $22.0 million for the three months ended March 31, 2023, or a 0.5% increase;Earnings per common share, basic: $1.11 per share, as compared to $2.29 per share for the three months ended March 31, 2023;EBITDA(1): $21.4 million, as c

LIMASSOL, Cyprus, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the year ended December 31, 2023. Highlights of the Fourth quarter Ended December 31, 2023: Total vessel revenues: $11.9 million, as compared to $38.0 million for the three months ended December 31, 2022, or a 68.7% decrease;Net income: $28.2 million, as compared to $25.1 million for the three months ended December 31, 2022, or a 12.4% increase;Earnings (basic) per common share: $1.41 per share, as compared to $2.65 per share for the three months ended December 31, 2022;E

LIMASSOL, Cyprus, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the nine months ended September 30, 2023. Highlights of the Third Quarter Ended September 30, 2023: Total vessel revenues: $10.5 million, as compared to $31.3 million for the three months ended September 30, 2022, or a 66.5% decrease;Net income: $35.1 million, as compared to $18.2 million for the three months ended September 30, 2022, or a 92.9% increase;Earnings (basic) per common share: $1.89 per share, as compared to $1.92 per share for the three months ended September

LIMASSOL, Cyprus, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the six months ended June 30, 2023. Highlights of the Second Quarter Ended June 30, 2023: Total vessel revenues: $24.9 million, as compared to $25.8 million for the three months ended June 30, 2022, or a 3.5% decrease;Net income: $55.4 million, as compared to $5.4 million for the three months ended June 30, 2022, or a 925.9% increase;Earnings (basic) per common share: $3.34 per share, as compared to $0.57 per share for the three months ended June 30, 2022;EBITDA(1): $

LIMASSOL, Cyprus, May 23, 2023 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months ended March 31, 2023. Highlights of the First Quarter Ended March 31, 2023: Total vessel revenues: $31.2 million, as compared to $16.8 million for the three months ended March 31, 2022, or a 85.7% increase;Net income: $22.0 million, as compared to $1.2 million for the three months ended March 31, 2022, or a 1,733.3% increase;Earnings (basic) per common share: $2.29 per share, as compared to $0.13 per share for the three months ended March 31, 2022;EBITDA (1): $24.1 million, as