PulteGroup (PHM) Raises Quarterly Dividend 12.5% to $0.09 and Increases Buyback by $300M
Get Alerts PHM Hot Sheet
Overall Analyst Rating:
BUY ( Down)
Dividend Yield: 0.7%
Revenue Growth %: +10.3%
Join SI Premium – FREE
PulteGroup (NYSE: PHM) declared a quarterly dividend of $0.09 per share, or $0.36 annualized. This is a 12.5% increase from the prior dividend of $0.08.
The dividend will be payable on January 5, 2016, to stockholders of record on December 15, 2015, with an ex-dividend date of December 11, 2015.
The annual yield on the dividend is 1.9 percent.
PulteGroup also announced that its Board approved increasing its $750 million share repurchase authorization by $300 million. At the end of the third quarter, the Company had $305 million available under the existing repurchase authorization.
For a dividend history and other dividend-related data on PulteGroup (PHM) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Otis Worldwide (OTIS) Raises Quarterly Dividend 14.7% to $0.39; 1.6% Yield
- Southern Co. (SO) Raises Quarterly Dividend 2.9% to $0.72; 4% Yield
- Cadre Holdings (CDRE) Declares $0.0875 Quarterly Dividend; 1% Yield
Create E-mail Alert Related Categories
Dividend Hike, Dividends, Stock BuybacksRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!