Toll Brothers Announces Cash Dividend

Rhea-AI Summary

Toll Brothers (NYSE:TOL) announced a quarterly cash dividend of $0.17 per share, payable on January 21, 2022, to shareholders of record as of January 7, 2022. This marks the company's ongoing commitment to returning value to its shareholders.

As the leading builder of luxury homes in the U.S., Toll Brothers continues to strengthen its position in the market. The company operates in 24 states and has been recognized as one of FORTUNE's Most Admired Companies for ten consecutive years.

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• Quarterly cash dividend of $0.17 per share announced.
• Dividend reflects ongoing commitment to shareholder returns.
• Recognized as FORTUNE's Most Admired Companies for 10 years.

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• None.

FORT WASHINGTON, Pa., Dec. 14, 2021 (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 $0.17 per share will be paid on January 21, 2022 to shareholders of record on the close of business on January 7, 2022.

About Toll Brothers
Toll Brothers, Inc., a FORTUNE 500 Company, is the nation's leading builder of luxury homes. The Company was founded over 50 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 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, 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, golf course development, smart home technology, and landscape subsidiaries. The Company also operates its own lumber distribution, house component assembly, and manufacturing operations.

2021 marks the 10^th year Toll Brothers has been named to FORTUNE magazine’s World’s Most Admired Companies^® list. Toll Brothers has also been honored as Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year by 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: Frederick N. Cooper (215) 938-8312
fcooper@tollbrothers.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8c390472-c313-491f-bc89-9c2093915239

FAQ

What is the dividend amount for TOL in January 2022?

Toll Brothers (TOL) has announced a dividend of $0.17 per share, payable on January 21, 2022.

When is the record date for the TOL dividend?

The record date for the TOL dividend is January 7, 2022.

How often does Toll Brothers pay dividends?

Toll Brothers typically pays dividends quarterly.

Is the dividend from Toll Brothers sustainable?

The announcement of a quarterly dividend suggests a focus on returning value to shareholders, but sustainability depends on future financial performance.