Toll Brothers Inc. Announces Quarterly Dividend of $0.26 (NYSE:TOL)

Toll Brothers Inc. (NYSE:TOL) declared a quarterly dividend on Wednesday, June 17th. Investors of record on Friday, July 10th will be paid a dividend of 0.26 per share by the construction company on Friday, July 24th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Friday, July 10th.

Toll Brothers has increased its dividend by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 5 years. Toll Brothers has a dividend payout ratio of 7.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Toll Brothers to earn $14.16 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 7.3%.

Toll Brothers Trading Down 2.2%

Shares of Toll Brothers stock opened at $149.88 on Thursday. The stock has a fifty day simple moving average of $139.86 and a 200 day simple moving average of $142.78. Toll Brothers has a 12-month low of $104.09 and a 12-month high of $168.36. The company has a market capitalization of $14.01 billion, a P/E ratio of 11.34, a price-to-earnings-growth ratio of 1.27 and a beta of 1.36. The company has a current ratio of 4.67, a quick ratio of 0.59 and a debt-to-equity ratio of 0.33.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings data on Tuesday, May 19th. The construction company reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.58 by $0.14. The business had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.42 billion. Toll Brothers had a return on equity of 15.47% and a net margin of 11.66%.The business’s revenue was down 7.6% on a year-over-year basis. During the same period last year, the business earned $3.50 EPS. On average, sell-side analysts anticipate that Toll Brothers will post 12.68 earnings per share for the current fiscal year.

Toll Brothers Company Profile

Toll Brothers, Inc is a publicly traded homebuilding company that focuses on designing and constructing luxury residential properties. The company’s core business encompasses a broad range of housing products, including custom single-family homes, upscale condominium communities and rental apartment ventures. Toll Brothers emphasizes high-end finishes and architectural craftsmanship, positioning itself in the premium segment of the U.S. housing market.

In addition to traditional homebuilding, Toll Brothers operates specialized divisions to address evolving consumer preferences.