Toll Brothers, Inc. (TOL) Dividend History
Income profile from 2017 to 2026 with payout safety and yield-on-cost trend
TOL Dividend Income Check
Safety
7.2% payout ratio with sustainable safety profile.
Consistency
5 straight years of dividend increases.
Income Trend
Yield on cost is 2.3% and trend is rising.
TOL Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
TOL Income Growth Story
Dividend per share and yield on cost over time (10 years of payments)
TOL Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Toll Brothers, Inc. distributes 7.2% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 9.5%, rated "Well Covered".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
TOL has raised its dividend for 5 consecutive years, with a 3-year CAGR of 8.4% and 5-year CAGR of 17.4%.
Total Shareholder Returns
Beyond cash dividends, TOL returns capital through share repurchases. The combined picture: 0.7% dividend yield, 4.9% buyback yield, 5.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.3% and is currently rising. The 5-year total return is 122.2%, with dividends contributing 6.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $55,814 today.
TOL Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 10, 2026Latest | $0.2600 | ↑ +4.0% | 72.08% | Apr 24, 2026 |
| Jan 9, 2026 | $0.2500 | — | 68.79% | Jan 23, 2026 |
| Oct 10, 2025 | $0.2500 | — | 77.01% | Oct 24, 2025 |
| Jul 11, 2025 | $0.2500 | — | 79.48% | Jul 25, 2025 |
| Apr 11, 2025 | $0.2500 | ↑ +8.7% | 1.00% | Apr 25, 2025 |
| Jan 10, 2025 | $0.2300 | — | 74.47% | Jan 24, 2025 |
| Oct 11, 2024 | $0.2300 | — | 60.06% | Oct 25, 2024 |
| Jul 5, 2024 | $0.2300 | — | 80.62% | Jul 19, 2024 |
TOL Dividend vs Peers
Comparable companies in the same industry
TOL Annual Dividend History (1989–2026)
38 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.51 | — | 2 | — | — | — | 1.2% |
| 2025 | $0.98 | 8.9% | 4 | $13.49 | 7.3% | 13.77x | 2.3% |
| 2024 | $0.90 | 8.4% | 4 | $15.01 | 6.0% | 16.68x | 2.1% |
| 2023 | $0.83 | 7.8% | 4 | $12.36 | 6.7% | 14.89x | 1.9% |
| 2022 | $0.77 | 24.2% | 4 | $10.90 | 7.1% | 14.16x | 1.8% |
| 2021 | $0.62 | 40.9% | 4 | $6.63 | 9.4% | 10.69x | 1.5% |
| 2020 | $0.44 | 0.0% | 4 | $3.40 | 12.9% | 7.73x | 1.0% |
| 2019 | $0.44 | 7.3% | 4 | $4.03 | 10.9% | 9.16x | 1.0% |
| 2018 | $0.41 | 70.8% | 4 | $4.85 | 8.5% | 11.83x | 1.0% |
| 2017 | $0.24 | — | 3 | $3.17 | 7.6% | 13.21x | 0.6% |
Full TOL Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See TOL's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs TOL Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare TOL vs AMZN
Side-by-side business, growth, and profitability comparison vs Amazon.com, Inc..
Start ComparisonTOL — Frequently Asked Questions
Quick answers to the most common questions about buying TOL stock.
How much dividend does TOL pay per share?
Toll Brothers, Inc. (TOL) pays a trailing 12-month dividend of $0.97 per share, with a current dividend yield of +0.7%. Payments are made Semi-Annual.
When is TOL's next ex-dividend date?
TOL's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TOL typically pays dividends Semi-Annual.
Is TOL's dividend safe?
TOL's dividend safety is rated "Sustainable" based on an earnings payout ratio of +7.2% and FCF payout ratio of +9.5%. The 5-year growth streak provides moderate confidence.
Is TOL a Dividend Payer?
Yes, Toll Brothers, Inc. is classified as a Dividend Payer with 5 consecutive years of dividend increases. The 5-year dividend CAGR is +17.4%, demonstrating above-inflation dividend growth.
How often does TOL pay dividends?
Toll Brothers, Inc. pays dividends Semi-Annual. The trailing 12-month total is $0.97 per share. Dividend data on this page covers 9+ years from 2017 to 2026.
How much would $10,000 invested in TOL grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TOL five years ago would be worth approximately $22,218 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TOL's yield on cost for long-term holders?
TOL's yield on cost — the current dividend divided by the original purchase price — is +2.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.7% market yield, thanks to consistent dividend growth.