FORT WASHINGTON, PA — Toll Brothers, Inc. (NYSE: TOL) has announced that its Board of Directors approved a quarterly cash dividend of $0.23 per share. This dividend is payable on October 25, 2024, to shareholders recorded by the close of business on October 11, 2024. The decision reflects the company’s robust market standing as a leading builder of luxury homes in the United States.
Founded in 1967 by Robert I. Toll and Bruce E. Toll, Toll Brothers has its headquarters in Fort Washington, Pennsylvania. The company is publicly traded on the New York Stock Exchange under the ticker TOL. It specializes in designing and building luxury homes, with operations extending to rental apartments and luxury student housing through its Apartment Living and Campus Living divisions.
Toll Brothers also manages several auxiliary businesses, including mortgage, insurance, home automation and security, and landscaping services, further diversifying its revenue streams. This strategic diversification helps solidify its position in the competitive home construction industry, making it a valuable entity for shareholders and potential investors.
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