Toll Brothers Increases Quarterly Dividend by 9% Amid Growth
Toll Brothers Boosts Dividend to Shareholders
Toll Brothers, Inc. (NYSE: TOL), the top builder of luxury residences in the United States, has recently announced an impressive 9% increase in its quarterly cash dividend. This thoughtful decision was made by the company's Board of Directors, illustrating their commitment to shareholder value and financial strength.
Details of the Dividend Announcement
The new quarterly dividend now stands at $0.25 per share, scheduled for distribution on April 25, 2025, to shareholders listed as record owners by the close of business on April 11, 2025. This marks the fifth consecutive year that Toll Brothers has elevated its dividend, reflecting a robust financial performance and dedication to rewarding its investors.
Company Overview and Growth Trajectory
Founded 58 years ago, Toll Brothers, Inc. has established itself as a leader in the luxury home construction market. The company transitioned to a publicly traded entity in 1986 and has since been listed on the New York Stock Exchange under the ticker symbol TOL. Catering to diverse customer segments, Toll Brothers focuses on first-time buyers, growing families, and active adults among others, ensuring there’s something for everyone in their extensive property offerings.
Innovative Subdivisions and Services
What sets Toll Brothers apart is its comprehensive approach to home building. The company not only constructs homes but also manages its own subsidiaries in various sectors. This self-sufficiency includes architectural and engineering services, mortgage lending, insurance, and smart home technology, which allows them to streamline processes and enhance customer experience.
Recognition and Industry Standing
Toll Brothers is consistently recognized for its excellence, making Fortune magazine's list of the World's Most Admired Companies for over a decade. Recently, the CEO Douglas C. Yearley, Jr. was honored by Barron's magazine as one of the top 25 CEOs. Such accolades bolster Toll Brothers’ reputation as a pillar of quality within the homebuilding industry.
Investment and Future Outlook
Looking forward, Toll Brothers’ performance in the competitive housing market continues to inspire confidence among its shareholders. The recent dividend increase signals healthy profitability and stability, characteristics investors find appealing. The company's proactive measures in adapting to market demands further solidify its future endeavors.
Connecting with Investors
Toll Brothers remains committed to transparency in communicating its business and financial status. Their Investor Relations website, accessible to all investors, provides vital updates regarding business performance, earnings releases, and upcoming investor events.
Contact for More Information
For inquiries, investors can reach out to Gregg Ziegler at (215) 478-3820 or via email at gziegler@tollbrothers.com. Toll Brothers takes pride in being available to their shareholders and potential investors, highlighting the company's openness in fostering relationships.
Frequently Asked Questions
What is the new dividend amount per share for Toll Brothers?
The newly announced dividend is $0.25 per share after a 9% increase.
When will the dividend be paid?
The dividend will be paid on April 25, 2025, to shareholders of record on April 11, 2025.
How long has Toll Brothers been increasing its dividend?
This is the fifth consecutive year that Toll Brothers has raised its dividend.
What is the main business of Toll Brothers?
Toll Brothers, Inc. primarily specializes in building luxury homes across various market segments.
Who can be contacted for investor inquiries?
Gregg Ziegler can be contacted at (215) 478-3820 or via email at gziegler@tollbrothers.com.
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