Toll Brothers declares $0.20 quarterly dividend

Trending News 🌥️

Toll Brothers($NYSE:TOL), Inc , the nation’s leading builder of luxury homes, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock. “As we enter our 45th year in business, we are proud of our long history of returning capital to our shareholders,” said Douglas C. Yearley, Jr., chief executive officer. “This quarter’s dividend continues that tradition and is a reflection of our confidence in our business and our ability to generate strong cash flow.”

Dividends

Toll Brothers, a leading homebuilder in the United States, has announced a quarterly dividend of $0.20 per share. The Company’s three-year average dividend yield is 1.16%.

Stock Price

On Tuesday, shares of Toll Brothers Inc opened at $43.70 and closed at $43.50, down 2.4% from the prior day’s close of $44.60. The main driver of the stock’s performance was the release of the company’s quarterly earnings results. Looking ahead, Toll Brothers provided guidance for its fiscal 2020 results that was largely in-line with expectations.

VI Analysis

The company’s fundamentals reflect its long term potential, and the VI app makes it easy to see how TOLL BROTHERS stacks up. The VI Star Chart shows that TOLL BROTHERS has a high health score of 7/10 with regard to its cashflows and debt, and is therefore capable of sustaining future operations in times of crisis. TOLL BROTHERS is classified as a ‘cheetah’ company, meaning that it has achieved high revenue or earnings growth but is considered less stable due to lower profitability. High growth companies are deemed more volatile as they attempt to grow faster. However, TOLL BROTHERS is strong in asset, dividend, and growth, and medium in profitability, making it a company worth watching.

Summary

Toll Brothers is a leading home builder in the United States. The company has a strong history of profitability and dividend growth. Investors who are looking for a dividend stock with a strong history of dividend growth and profitability may want to consider Toll Brothers. The company has a long track record of success and is well-positioned for continued growth in the future.