Toll Brothers Announces Dollars Dividend | Enterprise

FORT WASHINGTON, Pa., June 15, 2021 (World NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) ( TollBrothers.com ), the nation’s main builder of luxury households, currently announced that its Board of Directors has authorized a quarterly hard cash dividend to shareholders. The dividend of $.17 per share will be compensated on July 23, 2021 to shareholders of report on the near of enterprise on July 9, 2021.

About Toll Brothers Toll Brothers, Inc., a FORTUNE 500 Corporation, is the nation’s foremost builder of luxurious houses. The Enterprise was established in excess of 50 several years ago in 1967 and turned a general public firm in 1986. Its common inventory is listed on the New York Inventory Trade less than the image “TOL.” The Company serves initially-time, go-up, empty-nester, active-adult, and next-household buyers, as nicely as urban and suburban renters. Toll Brothers builds in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Business operates its possess architectural, engineering, mortgage loan, title, land enhancement, golf system improvement, wise house technological innovation, and landscape subsidiaries. The Organization also operates its possess lumber distribution, dwelling component assembly, and producing operations.

2021 marks the 10th calendar year Toll Brothers has been named to FORTUNE magazine’s World’s Most Admired Companies® checklist. Toll Brothers has also been honored as Builder of the Yr by Builder journal and is the initial two-time recipient of Builder of the Calendar year by Expert Builder journal. For much more data take a look at TollBrothers.com.

Toll Brothers discloses info about its enterprise and monetary general performance and other issues, and offers one-way links to its securities filings, notices of trader gatherings, and earnings and other information releases, on the Trader Relations segment of its web-site ( buyers.TollBrothers.com ).

Forward-On the lookout STATEMENTS

Info offered herein for the 2nd quarter finished April 30, 2021 is issue to finalization of the Company’s regulatory filings, relevant financial and accounting reporting processes and exterior auditor procedures.

This launch is made up of or may well contain forward-searching statements in just the meaning of the Personal Securities Litigation Reform Act of 1995. Just one can detect these statements by the simple fact that they do not relate to matters of a strictly historical or factual character and generally discuss or relate to upcoming situations. These statements have text this sort of as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “may,” “can,” “could,” “might,” “should,” “likely,” “will,” and other phrases or phrases of very similar which means. This kind of statements might consist of, but are not minimal to, facts and statements pertaining to: the effect of Covid-19 on the U.S. overall economy and on our company anticipations pertaining to inflation and fascination fees the marketplaces in which we work or could run our strategic priorities our land acquisition, land growth and money allocation priorities marketplace disorders need for our homes predicted running benefits and guidance residence deliveries financial assets and ailment alterations in revenues adjustments in profitability improvements in margins changes in accounting treatment method price of revenues, like predicted labor and substance expenses advertising, standard, and administrative charges interest cost stock generate-downs household warranty and building defect statements unrecognized tax positive aspects expected tax refunds revenue paces and rates consequences of dwelling consumer cancellations advancement and growth joint ventures in which we are associated expected effects from our investments in unconsolidated entities our potential to acquire or dispose of land and go after true estate alternatives our capability to obtain approvals and open up new communities our capability to industry, construct and offer homes and houses our ability to deliver properties from backlog our potential to safe components and subcontractors our capability to develop the liquidity and money essential to carry out ordinary small business functions or to increase and just take advantage of options and the final result of lawful proceedings, investigations, and claims.

Any or all of the ahead-searching statements included in this release are not ensures of foreseeable future overall performance and may perhaps flip out to be inaccurate. This can come about as a end result of incorrect assumptions or as a consequence of identified or unknown pitfalls and uncertainties. The significant hazards and uncertainties – and assumptions that are designed – that have an effect on our company and may possibly lead to genuine benefits to vary from these ahead-looking statements incorporate, but are not restricted to:

the results of the ongoing Covid-19 pandemic, which are really unsure, are not able to be predicted and will depend upon potential developments, such as the severity of the pandemic and its duration, the length of social distancing and other mitigation approaches taken by relevant government authorities, the availability and effectiveness of vaccines, ample tests and therapeutic treatments and the prevalence of widespread immunity to Covid-19the result of common economic problems, which includes employment charges, housing starts off, desire level levels, availability of financing for house home loans and strength of the U.S. dollarmarket need for our goods, which is linked to the strength of the several U.S. enterprise segments and U.S. and worldwide financial conditionsthe availability of appealing and fairly priced land and our potential to manage, purchase, keep and establish these parcelsaccess to sufficient money on satisfactory termsgeographic focus of our operationslevels of competitionraw materials and labor selling prices and availabilitythe outcome of U.S. trade policies, together with the impos
ition of tariffs and obligations on residence building merchandise and retaliatory measures taken by other countriesthe outcomes of climate and the risk of decline from earthquakes, volcanoes, fires, floods, droughts, windstorms, hurricanes, pest infestations and other all-natural disasters, and the chance of delays, decreased buyer demand from customers, and shortages and selling price will increase in labor or elements affiliated with this kind of all-natural disastersthe chance of reduction from functions of war, terrorism or outbreaks of contagious illnesses, these types of as Covid-19transportation costsfederal and condition tax policiesthe outcome of land use, atmosphere and other governmental rules and regulationslegal proceedings or disputes and the adequacy of reservesrisks relating to any unexpected variations to or results on liabilities, long term capital expenditures, revenues, expenditures, earnings, indebtedness, money affliction, losses and future prospectschanges in accounting principlesrisks connected to unauthorized accessibility to our laptop or computer devices, theft of our and our homebuyers’ private data or other types of cyber-attack andother factors explained in “Risk Factors” bundled in our Annual Report on Type 10-K for the year ended October 31, 2020 and in subsequent filings we make with the Securities and Trade Fee (“SEC”).

Several of the variables outlined above or in other reviews or general public statements created by us will be crucial in identifying our upcoming effectiveness. For that reason, real outcomes may well differ materially from these that might be anticipated from our ahead-on the lookout statements.

Forward-searching statements discuss only as of the date they are made. We undertake no obligation to publicly update any ahead-seeking statements, irrespective of whether as a consequence of new facts, potential situations, or otherwise.

For a even more discussion of elements that we imagine could induce true effects to differ materially from expected and historic success, see the facts under the captions “Risk Factors” and “Management’s Discussion and Investigation of Money Affliction and Results of Operations” in our most the latest Once-a-year Report on Sort 10-K filed with the SEC and in subsequent stories filed with the SEC. This dialogue is supplied as permitted by the Non-public Securities Litigation Reform Act of 1995, and all of our ahead-searching statements are expressly competent in their entirety by the cautionary statements contained or referenced in this portion.