Toll brothers announces 18% increase to quarterly cash dividend

Fort washington, pa., march 08, 2022 (globe newswire) -- toll brothers, inc. (nyse:tol) (tollbrothers.com), the nation's leading builder of luxury homes, today announced that its board of directors approved an increase to its quarterly cash dividend to $0.20 per share, or a rate of $0.80 per share on an annualized basis. this represents an increase of 18% from the prior quarterly cash dividend of $0.17 per share. the dividend of $0.20 per share will be paid on april 22, 2022 to shareholders of record on the close of business on april 8, 2022.
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