
Toll Brothers, Inc.
TOLConsumer Cyclical · Residential Construction · Stock · quarterly payer
Forward Yield
0.78%
Annual Dividend
$1.02
Payout Ratio
8%
5-Yr Growth
17.4%
Ex-Date
Oct 9, 2026
Frequency
Quarterly
Key facts about TOL's dividend
Data as of · Source: SmarterDividends data
- As of Oct 15, 2026, Toll Brothers, Inc. (TOL) has a forward dividend yield of 0.78%, based on an annual dividend of $1.02 per share and a share price of $130.41.
- As of Oct 15, 2026, TOL's dividend safety grade from SmarterDividends is A (87 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Toll Brothers, Inc. (TOL) has raised its dividend for 5 consecutive years as of Oct 15, 2026.
- TOL has never cut its regular dividend in the payment history SmarterDividends has on record.
- TOL's most recent ex-dividend date was Oct 9, 2026, for a dividend of $0.26 per share.
- As of Oct 15, 2026, TOL pays out 8% of its trailing 12-month earnings as dividends (its payout ratio).
- TOL's dividend has grown at an average rate of 17.4% a year over the past five years.
- As of Oct 15, 2026, TOL's 0.78% yield is 26% below its five-year average yield of 1.05%.
- As of Oct 15, 2026, SmarterDividends' blended fair-value estimate for TOL is $100.67 per share, 23% below the $130.41 share price, so TOL screens as overvalued.
- Toll Brothers, Inc. (TOL) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "TOL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 15, 2026, https://smarterdividends.com/stocks/TOL
Summary
As of Oct 15, 2026, Toll Brothers, Inc. (TOL) yields 0.78% ($1.02 a year per share), has a dividend safety grade of A (87/100) and has 5 consecutive years of dividend increases on record.
Is TOL a good dividend stock?
YesToll Brothers, Inc. (TOL) pays a quarterly dividend yielding 0.78% ($1.02/yr), with 5 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (8%)
- Strong 17.4% 5-yr dividend growth
- 121% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.78%
- Payout Ratio
- 8%
- Annual Dividend
- $1.02
- 5-Yr Avg Growth
- 17.4%
- Ex-Dividend Date
- Oct 9, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 1.30
- Market Cap
- $12.0B
- P/E Ratio
- 10.7
- 5-Yr Total Return
- 121%
- 52-Week Range
- $123.15 – $168.36
- Dividend Safety
- A · 87/100
- Ever Cut?
- No
Frequently Asked Questions
Is TOL a good dividend stock?
Yes. Toll Brothers, Inc. (TOL) pays a quarterly dividend yielding 0.78% ($1.02/yr), with 5 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is TOL undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TOL's fair value is about $100.67 versus a $130.41 share price — so it looks overvalued (-23% vs. fair value).
Is TOL's dividend safe?
TOL has a dividend-safety grade of A (87/100), based on its payout coverage, free-cash-flow, 5-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is TOL's fair value?
Our blended fair-value estimate for TOL is about $100.67 per share, about 23% below the current $130.41 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is TOL a buy, hold, or sell?
We don't issue formal ratings, but on the data TOL screens as "yes" and overvalued. Toll Brothers, Inc. (TOL) pays a quarterly dividend yielding 0.78% ($1.02/yr), with 5 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will TOL cut its dividend?
TOL earns a dividend-safety grade of A (87/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does TOL pay a dividend?
Yes. Toll Brothers, Inc. pays a quarterly dividend of about $1.02 per share annually, a forward yield of roughly 0.78%.
What is TOL's dividend yield?
As of Oct 15, 2026, TOL's forward dividend yield is 0.78%, based on a $1.02 annual dividend and a $130.41 share price.
What is TOL's dividend per share?
As of Oct 15, 2026, TOL pays $1.02 per share per year, distributed on a quarterly basis.
What is TOL's dividend payout ratio?
As of Oct 15, 2026, TOL's payout ratio is 8% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has TOL grown its dividend?
As of Oct 15, 2026, TOL has increased its dividend for 5 consecutive years.
When is the next TOL ex-dividend date?
As of Oct 15, 2026, TOL's next ex-dividend date hasn't been announced. The most recent was Oct 9, 2026, for $0.26 per share.
TOL Price — Last 12 Months
Daily close
Price Return
1 Year
-1%
3 Years
+88%
5 Years
+121%
52-Week Range
$123.15 – $168.36
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TOL worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Toll Brothers, Inc. is $100.67 per share, versus a market price of $130.41. That implies 23% of downside.
Fair Value
$100.67
Current Price
$130.41
Downside
-23%
Margin of Safety
-30%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 4.1% annual free-cash-flow growth. We model 0.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.8% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $12.41 EPS, $1.04 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TOL Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full TOL dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 9, 2026 | Oct 23, 2026 | $0.2600 | regular |
| Jul 10, 2026 | Jul 24, 2026 | $0.2600 | regular |
| Apr 10, 2026 | Apr 24, 2026 | $0.2600 | regular |
| Jan 9, 2026 | Jan 23, 2026 | $0.2500 | regular |
| Oct 10, 2025 | Oct 24, 2025 | $0.2500 | regular |
| Jul 11, 2025 | Jul 25, 2025 | $0.2500 | regular |
| Apr 11, 2025 | Apr 25, 2025 | $0.2500 | regular |
| Jan 10, 2025 | Jan 24, 2025 | $0.2300 | regular |
| Oct 11, 2024 | Oct 25, 2024 | $0.2300 | regular |
| Jul 5, 2024 | Jul 19, 2024 | $0.2300 | regular |
| Apr 4, 2024 | Apr 19, 2024 | $0.2300 | regular |
| Jan 11, 2024 | Jan 26, 2024 | $0.2100 | regular |
| Oct 5, 2023 | Oct 20, 2023 | $0.2100 | regular |
| Jul 6, 2023 | Jul 21, 2023 | $0.2100 | regular |
Income Calculator
At $1.02 / yr per share
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