Toro Corp

TORO

Market cap $145M

LIMASSOL, Cyprus, June 05, 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 April 22, 2026. The dividend of $0.90 per common share consists of either cash or the Company's common shares and was paid on June 5, 2026, to shareholders of record as of May 4, 2026.

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)/Earnings per common share, basic, from continuing operations: $(0.023) per share, as compared to $0.019 per share for the three months ended March 31, 2025; EBITDA (1) from continuing operations: $1.3 million, as compared to $1.0 million for the three months ended March 31, 2025; Cash of $81.6 million as of March 31, 2026, as compared to $87.4 million as of December 31, 2025; On December 5, 2025, we declared a special dividend of $1.75 per common share, consisting of either cash or our common shares.

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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.