Toro Co., Bloomington, declared a quarterly cash dividend of 14 cents per share, an increase from 11 cents per share, payable Dec. 31 to shareholders of record Dec. 21. This accelerated quarterly dividend replaces the dividend that would have been payable in January 2013. Additionally, the board authorized the repurchase of an additional 5 million common shares.
St. Jude Medical Inc., Little Canada, declared a fourth-quarter dividend of 23 cents per common share, payable Jan. 31, 2013 to shareholders of record Dec. 31.
General Mills Inc., Golden Valley, declared a quarterly dividend of 33 cents per share, payable Feb. 1, 2013, to shareholders of record Jan. 10.
U.S. Bancorp, Minneapolis, has declared a quarterly dividend of 19.5 cents per common share, payable Jan. 15, 2013, to stockholders of record Dec. 31.PERSONNEL
Patterson Cos. Inc., Mendota Heights, said Brian Tyler, executive vice president of corporate strategy and business development for McKesson Corp., has resigned from the board of directors. Patterson intends to replace him.