Toll Brothers, Inc. Approves Quarterly Cash Dividend, Payable on April 19, 2024
March 12, 2024 at 04:30 pm EDT
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Toll Brothers, Inc. announced that its board of directors has approved a 10% increase in its quarterly cash dividend to shareholders. The dividend of $0.23 per share will be paid on April 19, 2024 to shareholders of record on the close of business on April 5, 2024.
Toll Brothers, Inc. is a builder of luxury homes. The Company designs, builds, markets, sells and arranges financing for an array of luxury residential single-family detached home, attached home, master-planned, and urban low-, mid-, and high-rise communities. The Company operates its own architectural, engineering, mortgage, title, land development, insurance, smart home technology and landscaping subsidiaries. It also develops master-planned and golf course communities as well as operate, in certain regions, its own lumber distribution, house component assembly and manufacturing operations. The Company also caters to urban and suburban renters under the brand names Toll Brothers Apartment Living and Toll Brothers Campus Living. It designs, builds, markets, and sells high-density, high-rise urban luxury condominiums with third-party joint venture partners through Toll Brothers City Living (City Living). The Company operates in approximately 24 states and in the District of Columbia.