By Sabela Ojea
Toll Brothers is boosting its quarterly dividend by 9% to 25 cents a share.
The Fort Washington, Pa.-based home construction company on Tuesday said its board of directors approved increasing its quarterly payout to shareholders to 25 cents a share from 23 cents a share previously.
The new payout, equal to $1 a share annually, represents a yield of 0.94%, based on the company's latest closing price of $106.83.
The dividend will be paid April 25 to shareholders of record on the close of business April 11.
This is the fifth consecutive year Toll Brothers has raised its dividend.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
March 11, 2025 16:57 ET (20:57 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。