Newswire

Toromont ups dividend, approves stock split

TORONTO, Feb 18 (Reuters) - Toromont Industries Ltd. said on Wednesday that its board of directors approved a two-for-one stock split of its common shares.

Toromont, which supplies Caterpillar equipment, said its board also approved an 18 percent increase in the quarterly cash dividend.

($1=$1.32 Canadian)