At the end of today, July 21, 2023, Toll Brothers TOL will distribute a dividend payout of $0.21 per share, translating to an annualized dividend yield of 1.12%. Shareholders who held the stock before the ex-dividend date on July 06, 2023 will benefit from this payout.
Toll Brothers Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-07-06 | 4 | $0.21 | 1.12% | 2023-06-13 | 2023-07-07 | 2023-07-21 |
| 2023-04-05 | 4 | $0.21 | 1.41% | 2023-03-09 | 2023-04-06 | 2023-04-21 |
| 2023-01-05 | 4 | $0.2 | 1.58% | 2022-12-14 | 2023-01-06 | 2023-01-20 |
| 2022-10-06 | 4 | $0.2 | 1.79% | 2022-09-20 | 2022-10-07 | 2022-10-21 |
| 2022-07-07 | 4 | $0.2 | 1.81% | 2022-06-14 | 2022-07-08 | 2022-07-22 |
| 2022-04-07 | 4 | $0.2 | 1.63% | 2022-03-08 | 2022-04-08 | 2022-04-22 |
| 2022-01-06 | 4 | $0.17 | 0.94% | 2021-12-14 | 2022-01-07 | 2022-01-21 |
| 2021-10-07 | 4 | $0.17 | 1.12% | 2021-09-21 | 2021-10-08 | 2021-10-22 |
| 2021-07-08 | 4 | $0.17 | 1.18% | 2021-06-15 | 2021-07-09 | 2021-07-23 |
| 2021-04-08 | 4 | $0.17 | 1.23% | 2021-03-09 | 2021-04-09 | 2021-04-23 |
| 2021-01-07 | 4 | $0.11 | 0.97% | 2020-12-09 | 2021-01-08 | 2021-01-22 |
| 2020-10-08 | 4 | $0.11 | 0.94% | 2020-09-22 | 2020-10-09 | 2020-10-23 |
Toll Brothers's dividend yield falls in the middle range when compared to its industry peers, with M.D.C. Holdings MDC having the highest annualized dividend yield at 4.32%.
Analyzing Toll Brothers Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.44 in 2019 to $0.80 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Toll Brothers
From 2019 to 2022, Toll Brothers has demonstrated an upward trend in earnings, with earnings per share rising from $4.04 to $10.14. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
This article takes an in-depth look at Toll Brothers's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.21 per share today, translating to an annualized dividend yield of 1.12%.
Toll Brothers's dividend yield falls in the middle range when compared to its industry peers, with M.D.C. Holdings having the highest annualized dividend yield at 4.32%.
Considering the increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, Toll Brothers appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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