Toll Brothers (TOL) Lures Investors With 10% Dividend Hike
TOLToll Brothers(TOL) Zacks Investment Research·2024-03-13 23:16

Toll Brothers, Inc. (TOL) declared a rise in its dividend payout, underscoring its commitment to sustainable expansion and its capacity to generate lasting value for shareholders.The board of directors approved a 10% hike in its quarterly cash dividend to 23 cents per share (92 cents annually) from 21 cents (84 cents annually). The new dividend will be paid out on Apr 19 to shareholders of record as of Apr 5, 2024. The dividend yield, based on TOL’s Mar 12 closing price, is approximately 0.75%.Shares of thi ...