Toll Brothers Announces Cash Dividend

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Rhea-AI Sentiment

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Rhea-AI Summary

Toll Brothers (NYSE:TOL), the leading luxury home builder in the United States, has announced a quarterly cash dividend of $0.23 per share. The dividend will be paid on October 25, 2024 to shareholders of record at the close of business on October 11, 2024. This announcement demonstrates Toll Brothers' commitment to returning value to its shareholders and reflects the company's financial stability in the luxury home building sector.

Positive

Consistent dividend payment indicates financial stability
Dividend of $0.23 per share provides income for shareholders
Maintaining dividend suggests company confidence in future performance

Negative

None.

News Market Reaction 1 Alert

-0.35% News Effect

On the day this news was published, TOL declined 0.35%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

09/17/2024 - 04:30 PM

FORT WASHINGTON, Pa., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation's leading builder of luxury homes, today announced that its Board of Directors has approved a quarterly cash dividend to shareholders. The dividend of $0.23 per share will be paid on October 25, 2024 to shareholders of record on the close of business on October 11, 2024.

ABOUT TOLL BROTHERS
Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 57 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, insurance, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.

In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World’s Most Admired Companies™ list and the Company’s Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron’s magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.

Toll Brothers discloses information about its business and financial performance and other matters, and provides links to its securities filings, notices of investor events, and earnings and other news releases, on the Investor Relations section of its website (investors.TollBrothers.com).

CONTACT: Gregg Ziegler (215) 478-3820
gziegler@tollbrothers.com

FAQ

What is the amount of Toll Brothers' (TOL) quarterly dividend for October 2024?

Toll Brothers (TOL) has announced a quarterly cash dividend of $0.23 per share for October 2024.

When will Toll Brothers (TOL) pay its dividend for October 2024?

Toll Brothers (TOL) will pay its dividend on October 25, 2024 to shareholders of record as of October 11, 2024.

What is the record date for Toll Brothers' (TOL) October 2024 dividend?

The record date for Toll Brothers' (TOL) October 2024 dividend is October 11, 2024, at the close of business.

How often does Toll Brothers (TOL) pay dividends?

Based on the announcement of a quarterly cash dividend, Toll Brothers (TOL) appears to pay dividends on a quarterly basis.

Toll Brothers Announces Cash Dividend