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Lennar Corporation Declares Quarterly Dividends

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Lennar Corporation (NYSE: LEN, LEN.B) has announced a quarterly cash dividend of $0.375 per share for both Class A and Class B common stock. This dividend is set to be paid on May 10, 2023, to shareholders on record as of April 26, 2023. Founded in 1954, Lennar is a prominent homebuilder in the U.S., offering homes across various segments including affordable, move-up, and active adult homes. The company also provides mortgage services through its Financial Services segment and develops high-quality multifamily rental properties.

Positive
  • Quarterly cash dividend of $0.375 per share announced.
  • Dividend payment scheduled for May 10, 2023.
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  • None.

MIAMI, April 12, 2023 /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 $0.375 per share for both Class A and Class B common stock payable on May 10, 2023 to holders of record at the close of business on April 26, 2023.

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-301796043.html

SOURCE Lennar Corporation

FAQ

What is the dividend amount declared by Lennar Corporation?

Lennar Corporation has declared a quarterly cash dividend of $0.375 per share.

When is the dividend payment date for Lennar Corporation?

The dividend payment date is set for May 10, 2023.

What is the record date for Lennar's dividend?

The record date for the dividend is April 26, 2023.

Who qualifies for the dividend from Lennar Corporation?

Shareholders on record as of April 26, 2023, will qualify for the dividend.

Lennar Corporation

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Residential Construction
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