Century Communities Increases Quarterly Cash Dividend

Rhea-AI Summary

Century Communities, Inc. (NYSE: CCS), a prominent national homebuilder, has announced a quarterly cash dividend of $0.20 per share, marking a 33% increase from the prior $0.15 per share. This dividend will be paid on March 16, 2022, to stockholders recorded as of the close of business on March 2, 2022. The company operates in 17 states and over 40 markets, offering comprehensive homebuilding and related services.

Positive

• Declared a quarterly cash dividend of $0.20 per share, up from $0.15, indicating strong financial performance.
• Increase in dividend by 33% reflects confidence in ongoing business operations and future growth.

Negative

• None.

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, an increase of 33 percent over the previous $0.15 per share. This dividend is payable on March 16, 2022 to stockholders of record as of the close of business on March 2, 2022.

About Century Communities:

Century Communities, Inc. (NYSE: CCS) is a top 10 national homebuilder, offering new homes under the Century Communities and Century Complete brands. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Colorado-based company operates in 17 states and over 40 markets across the U.S., and also offers title, insurance and lending services in select markets through its Parkway Title, IHL Home Insurance Agency, and Inspire Home Loans subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220216005314/en/

Hunter Wells, Vice President of Investor Relations

719-426-3520

Hunter.Wells@CenturyCommunities.com

Source: Century Communities, Inc.

FAQ

What is the dividend amount declared by Century Communities?

Century Communities has declared a quarterly cash dividend of $0.20 per share.

When will the dividend be paid to shareholders of Century Communities?

The dividend will be payable on March 16, 2022.

What was the previous dividend amount for Century Communities before the increase?

The previous dividend amount was $0.15 per share.

What is the significance of the 33% increase in the dividend?

The 33% increase in the dividend indicates strong financial performance and confidence in the company's growth.