Toll Brothers Boosts Quarterly Cash Dividend By 10% From $0.21 To $0.23 Per Share
Portfolio Pulse from Benzinga Newsdesk
Toll Brothers announced a 10% increase in its quarterly cash dividend, raising it from $0.21 to $0.23 per share, payable on April 19, 2024, to shareholders of record as of April 5, 2024. This marks the fourth consecutive year of dividend increases.
March 12, 2024 | 8:35 pm
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Toll Brothers increases its quarterly dividend to $0.23 per share, marking the fourth consecutive year of dividend growth.
Dividend increases are generally viewed positively by the market as they signal confidence in the company's financial health and future prospects. Toll Brothers' announcement of a 10% increase in its quarterly dividend, continuing a four-year trend, is likely to be seen as a strong indicator of its financial stability and commitment to returning value to shareholders. This could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100