Toro Corp

TORO

Market cap $192M

Another special dividend announcement ignited a major momentum rally in junior tanker operator Toro Corp.'s common shares. The $0.90 special dividend is payable to shareholders of record on May 4, 2026, and is expected to be paid on June 5, 2026. With the majority of outside shareholders likely to elect cash payment, CEO Petros Panagiotidis' 64.1% stake would increase even further.

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”).

LIMASSOL, Cyprus, April 15, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO), (“Toro” or the “Company”), a global energy transportation services provider, announces that the Company's annual report on Form 20‐F (the “Annual Report”), which contains the Company's financial statements for the fiscal year ended December 31, 2025, was filed with the U.S. Securities and Exchange Commission (the “SEC”).

LIMASSOL, Cyprus, April 02, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO), (“Toro” or the “Company”), a global energy transportation services provider, today announced the signing of a $60.0 million revolving credit facility (the “Facility”) with a leading European Financial Institution. The Facility has a tenor of five years, bears interest at a rate of Term SOFR plus a margin, and will be secured by, among others, a first priority mortgage over four of the Company's vessels. The net proceeds from the Facility are expected to be used for general corporate purposes.

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.

Toro Corp. reported profitable third quarter results and surprised investors with a generous special dividend announcement. New buyers will remain entitled to the special dividend until the January 16 payment date. However, the real investment thesis continues to center around the company's near-term opportunity to grab a large stake in former parent Castor Maritime at highly favorable terms.

LIMASSOL, Cyprus, Dec. 05, 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 nine months ended September 30, 2025.

Following a surprise (but largely unsuccessful) self-tender offer in July, shares of junior tanker operator Toro Corp. have shown signs of life in recent months. Even after the recent rally, the company is still trading at a 60% discount to estimated net asset value. Assuming conversion of Toro's preferred shareholdings in former parent Castor Maritime, estimated NAV would increase from slightly above $10 to approximately $36.

Toro stock TTC is currently in Phase 18, the final stage of its 18-phase Adhishthana Cycle on the weekly charts. The stock has been trapped in a consolidation range for over 700 days, and based on the Adhishthana principles, this trend may persist through August 2026.

LIMASSOL, Cyprus, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro” or the “Company”), a global energy transportation services provider, announces today the final results of its tender offer (the “Offer”), which expired at 5:00 P.M. Eastern time on August 7, 2025.