Toll Brothers, Inc. - TOL STOCK NEWS

Toll Brothers, a leading luxury home builder in the U.S., has announced its 2021 Analyst & Investor Day Virtual Event scheduled for June 2, 2021, from 11:00 a.m. to 2:00 p.m. ET. The event will feature key presentations from top executives, including CEO Douglas C. Yearley, Jr. It will address the company's strategies and market trends, with opportunities for Q&A and virtual visits to various Toll Brothers communities. Interested participants can register online and access a live webcast on the company’s Investor Relations website.

Toll Brothers, the leading luxury home builder in the U.S., will host a conference call on May 26, 2021, at 8:30 a.m. ET to discuss its second-quarter financial results for FY 2021. The earnings announcement will be made after the market close on May 25, 2021. Key metrics to be discussed include revenues, earnings, contracts, and backlog. This marks the 10th consecutive year the company has been listed among FORTUNE's World’s Most Admired Companies.

Toll Brothers has published its inaugural Environmental, Social and Governance (ESG) Report, marking a significant step in its commitment to transparency and sustainability. The report sets benchmarks on various ESG criteria, reflecting the company's dedication to the communities and environments in which it operates. CEO Douglas Yearley emphasized that the report serves multiple stakeholders, including shareholders, employees, and home buyers. Utilizing standards from the Sustainability Accounting Standards Board (SASB), the report aims to document the company’s contributions to housing and economic recovery.

Toll Brothers, America’s Luxury Home Builder, announces the opening of its new gated community, 100 West, in Anaheim, CA, set to launch this spring. The community will feature 292 luxury homes, offering modern designs with 1-4 bedrooms and pricing between the low $600,000s and mid-$700,000s. Buyers can customize their homes with various design options. Located near major attractions and highways, 100 West aims to provide a blend of urban convenience and luxury living.

Toll Brothers has announced the upcoming launch of two new luxury home collections, Skyline and Summit, in the Porter Ranch area of Los Angeles. Priced from approximately $2.1 million, these homes come with no Mello Roos and low property taxes. Skyline will feature designs from 4,500 to 5,600 square feet, offering various architectural styles. Summit will present modern 2- to 3-story plans, also ranging from 4,500 to 5,900 square feet. The anticipated opening is this spring, providing buyers with opportunities for personalized interiors and luxurious features.

Toll Brothers, Inc. (NYSE:TOL) has announced a 54% increase in its quarterly cash dividend from $0.11 to $0.17 per share. This change marks the company's commitment to delivering returns to stockholders and reflects its strong cash generation. The new dividend will be payable on April 23, 2021, to shareholders on record by April 9, 2021. Toll Brothers initiated its dividend at $0.08 in April 2017, with increases noted in previous years.

Toll Brothers, Inc. (NYSE: TOL) announces the opening of The Bradford, a new luxury apartment community in Belmont, MA, marking its third multifamily project in the Boston market. This 112-unit complex offers modern finishes and boutique amenities aimed at fostering a community atmosphere. Located just 15 minutes from Boston, The Bradford provides convenient access to major highways and public transport, catering to urban professionals. This project continues Toll Brothers' partnership with The Davis Companies, enhancing its presence in the competitive Boston housing market.

Toll Brothers has unveiled its model homes for Cody Place, a new luxury townhome community in downtown Palm Springs. The pre-sales, initiated in Fall 2020, have seen about 25% of the homes sold prior to this opening. Prices begin in the mid-$700,000s. These homes feature innovative designs with open floor plans, impressive views, and a range of amenities, including a private clubhouse and pools. The location offers residents convenient access to high-end shopping, dining, and recreational activities, making it an attractive option for prospective buyers.