Toro Corp. (TORO) Skyrockets After Announcing Special Dividend

Core Insights - Toro Corp. (NASDAQ:TORO) experienced a significant share price increase of 45.36% from November 28 to December 5, 2025, making it one of the top-performing energy stocks during that week [1] - The company announced a special one-time dividend of $1.75 per share, which is set to be paid to shareholders of record as of December 16, 2025, on January 16, 2025 [2] - Toro Corp.'s third-quarter results showed a revenue increase of 1.9% year-over-year to $5.4 million, attributed to higher contractual hire rates for its LPG carrier vessels, while net income rose by 30% year-over-year to $1.3 million [3] Financial Performance - Revenue for the third quarter reached $5.4 million, reflecting a 1.9% increase compared to the previous year [3] - Net income for the same period was reported at $1.3 million, marking a 30% growth year-over-year [3] - Earnings per share (EPS) from continuing operations improved to $0.01, compared to a loss of $0.01 per share in the same quarter last year [3] Stock Performance - Since the beginning of 2025, Toro Corp.'s share price has surged by over 1,000% [4]