KB Home - KBH STOCK NEWS

KB Home has announced the grand opening of two new home communities, Poppy and Sage, in Homeland, California. These communities comprise six model homes and offer various floor plans ranging from 1,500 to 3,100 square feet, with prices starting from $460,000 to $480,000. Residents will enjoy proximity to schools, parks, and future amenities, including sports fields. All homes are ENERGY STAR certified, promoting energy efficiency and sustainability.

KB Home has earned a record 28 EPA ENERGY STAR Market Leader Awards in 2022, affirming its status as the #1 energy-efficient national homebuilder. The company is the first to ensure that every home it builds is ENERGY STAR certified, contributing to lower ownership costs and enhanced comfort. KB Home has delivered over $856 million in utility savings to homeowners, aligning with its commitment to sustainability. This recognition underscores KB Home's leadership in energy-efficient construction and the positive impact on environmental protection.

KB Home has announced the grand opening of Camino Verde in Tucson, Arizona, featuring single-story homes priced from the low $300,000s. The community, located near major highways and downtown Tucson, offers easy access to shopping, dining, and outdoor activities. Homes range from approximately 1,300 to 2,000 square feet, with up to four bedrooms and two baths. KB Home emphasizes personalization options for buyers, alongside energy-efficient features certified by ENERGY STAR.

KB Home has announced the grand opening of Cypress Crossings, a new community of ranch-style homes in Oakley, California, priced from the $640,000 range. The single-story homes feature up to four bedrooms and three bathrooms, with sizes from approximately 1,600 to 2,100 square feet. Cypress Crossings offers easy access to major employment centers, shopping, dining, and outdoor recreation. The community will also include future amenities like a park. KB Home emphasizes personalization in home design and energy-efficient features, being a leader in ENERGY STAR certified homes.

KB Home (NYSE: KBH) has become the first national homebuilder to commit to building homes that meet the EPA’s highest water-efficiency standards in Arizona, California, and Nevada. These homes will be labeled WaterSense and adhere to the RESNET HERSH2O rating system, helping homeowners conserve water and reduce utility costs. With over 18,000 WaterSense homes built and annual water savings of approximately 1.6 billion gallons, KB Home's initiative addresses pressing drought conditions while enhancing its reputation as a leader in sustainability.

The board of directors of KB Home (NYSE: KBH) has announced a quarterly cash dividend of $.15 per share on its common stock. This dividend is payable on August 18, 2022, to stockholders of record on August 4, 2022. Established over 65 years ago, KB Home is a leading homebuilder in the U.S., recognized for building over 655,000 homes. The company differentiates itself through customizable home options and energy-efficient designs, holding the title of the top-ranked national homebuilder in customer satisfaction.