STOCK TITAN

Lennar Corporation Declares Quarterly Dividends

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Lennar (LEN) declares a $0.50 quarterly cash dividend for Class A and Class B common stock, payable on May 8, 2024, to holders of record on April 24, 2024.
Positive
  • None.
Negative
  • None.

MIAMI, April 10, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on May 8, 2024 to holders of record at the close of business on April 24, 2024.

About Lennar
Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LENX drives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com.

Contact:
Ian Frazer
Investor Relations
Lennar Corporation
(305) 485-4129

Cision View original content:https://www.prnewswire.com/news-releases/lennar-corporation-declares-quarterly-dividends-302113528.html

SOURCE Lennar Corporation

FAQ

What dividend has Lennar (LEN) declared for its Class A and Class B common stock?

Lennar (LEN) has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock.

When will the dividend be payable for Lennar (LEN) shareholders?

The dividend will be payable on May 8, 2024, to holders of record at the close of business on April 24, 2024.

Lennar Corporation

NYSE:LEN

LEN Rankings

LEN Latest News

LEN Stock Data

45.67B
238.81M
2.58%
95.55%
1.86%
Residential Construction
General Bldg Contractors - Residential Bldgs
Link
United States of America
MIAMI