Toll Brothers Inc. (TOL) to Issue Quarterly Dividend of $0.25 on January 23rd

Toll Brothers Inc. (NYSE:TOL) announced a quarterly dividend on Thursday, December 18th. Shareholders of record on Friday, January 9th will be given a dividend of 0.25 per share by the construction company on Friday, January 23rd. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, January 9th.

Toll Brothers has increased its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 5 consecutive years. Toll Brothers has a dividend payout ratio of 7.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Toll Brothers to earn $15.66 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 6.4%.

Toll Brothers Price Performance

Shares of TOL stock opened at $135.93 on Wednesday. The firm has a market capitalization of $12.91 billion, a price-to-earnings ratio of 10.02, a price-to-earnings-growth ratio of 1.13 and a beta of 1.43. Toll Brothers has a 12-month low of $86.67 and a 12-month high of $149.79. The company has a quick ratio of 0.64, a current ratio of 4.38 and a debt-to-equity ratio of 0.34. The firm has a fifty day moving average of $135.96 and a 200-day moving average of $132.40.

Toll Brothers (NYSE:TOL) last posted its quarterly earnings results on Monday, December 8th. The construction company reported $4.58 earnings per share for the quarter, missing the consensus estimate of $4.88 by ($0.30). The company had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.32 billion. Toll Brothers had a return on equity of 16.74% and a net margin of 12.28%.The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the firm earned $4.63 EPS. On average, equities research analysts forecast that Toll Brothers will post 13.83 earnings per share for the current 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.