{"id":77650,"date":"2024-03-12T16:43:48","date_gmt":"2024-03-12T21:43:48","guid":{"rendered":"https:\/\/equitynewsreport.com\/toll-brothers-hikes-dividend-by-10-amid-strong-performance\/"},"modified":"2024-03-12T16:43:48","modified_gmt":"2024-03-12T21:43:48","slug":"toll-brothers-hikes-dividend-by-10-amid-strong-performance","status":"publish","type":"post","link":"https:\/\/equitynewsreport.com\/h\/toll-brothers-hikes-dividend-by-10-amid-strong-performance\/","title":{"rendered":"Toll Brothers hikes dividend by 10% amid strong performance"},"content":{"rendered":"<div readability=\"91\">\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<img decoding=\"async\" alt=\"Toll Brothers hikes dividend by 10% amid strong performance\" id=\"carouselImage\" src=\"https:\/\/i-invdn-com.investing.com\/news\/LYNXMPEB59082_L.jpg\"><br \/>\n<span class=\"text\">\u00a9 Reuters. <\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>FORT WASHINGTON, Pa. &#8211; <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Toll Brothers <\/span><\/span>, Inc. (NYSE:), a prominent builder of luxury homes in the United States, has declared a 10% increase in its quarterly cash dividend, marking the fourth consecutive year of dividend growth for the company. Shareholders of record as of April 5, 2024, will receive a dividend of $0.23 per share on April 19, 2024.<\/p>\n<p>This decision by the Board of Directors reflects the company&#8217;s continued financial health and commitment to delivering shareholder value. Toll Brothers has consistently been recognized for its business performance, including a decade-long streak on the Fortune World\u2019s Most Admired Companies list.<\/p>\n<p>With a history dating back to 1967 and a public listing since 1986, the company has established a significant presence in the luxury home building sector, serving a diverse clientele across multiple states.<\/p>\n<p>Toll Brothers operates in over 60 markets within 24 states and the District of Columbia, catering to a variety of homebuyers, including first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters.<\/p>\n<p>The company&#8217;s broad reach and comprehensive services, from architecture and engineering to mortgage and smart home technology, have solidified its position as a leader in the industry.<\/p>\n<p>The company&#8217;s success is also attributable to its expansion into master-planned and golf course communities, along with its vertical integration strategy, which includes in-house lumber distribution and house component assembly operations.<\/p>\n<p>Investors interested in Toll Brothers&#8217; business and financial updates can access information through the Investor Relations section of the company&#8217;s website, where securities filings, investor event notices, and news releases are made available.<\/p>\n<p>The increase in the quarterly cash dividend is based on a press release statement from Toll Brothers, Inc. and provides a tangible return to investors following the company&#8217;s strong performance in the luxury home building market.<\/p>\n<p><em>This article was generated with the support of AI and reviewed by an editor. For more information see our T&#038;C.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. FORT WASHINGTON, Pa. &#8211; Toll Brothers , Inc. (NYSE:), a prominent builder of luxury homes in the United States, has declared a 10% increase in its quarterly cash dividend, marking the fourth consecutive year of dividend growth for the company. Shareholders of record as of April 5, 2024, will receive a dividend of $0.23 per share on April 19, 2024. This decision by the Board of Directors reflects the company&#8217;s continued financial health and commitment to delivering shareholder value. Toll Brothers has consistently been recognized for its business performance, including a decade-long streak on the Fortune World\u2019s Most [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":77651,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,49,50,3],"tags":[],"_links":{"self":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts\/77650"}],"collection":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/comments?post=77650"}],"version-history":[{"count":0,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts\/77650\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/media\/77651"}],"wp:attachment":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/media?parent=77650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/categories?post=77650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/tags?post=77650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}