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Toll Brothers (TOL) will raise its quarterly dividend by 37.5 percent to $0.11 per share in 2018, marking the first dividend hike since the company initiated a dividend last year. The new dividend yield for TOL is 1.0%.

Toll Brothers, Inc. is a builder of luxury homes. The Company builds customized single and attached homes and also operates its own architectural, engineering, mortgage, title, security, landscape, insurance brokerage, and manufacturing operations.