D. R. Horton (DHI) Raises Quarterly Dividend 25% to $0.10; 1.4% Yield
- Asia stocks bounce as soaring dollar pauses
- Taiwan Semi (TSM) Q1 profit beats expectations on AI demand
- Dollar rally stalls after rare FX warning from finance chiefs
- Oil stabilises after sharp drop on demand concerns, easing of Middle East tension
- Netflix's subscribers, TSMC, Tesla upside - what's moving markets
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- ICZOOM Group (IZM) Discloses Request to Withdraw Registration Statement on Form F-1
- Alaska Airlines flights resume after being grounded over aircraft system issue
- Crude Inventory Rose 2.7 Million Barrels Last Week, Says EIA
- Lithium Americas Corp (LAC) Announces Proposed 55M Share Offering
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
- After-hours movers: United Airlines, J.B. Hunt, and more
- Midday movers: Morgan Stanley, UnitedHealth rise; Tesla falls
- Morgan Stanley, UnitedHealth and Bank of America rise premarket; Tesla falls
D.R. Horton, Inc., America’s Builder, Reports Fourth Quarter and Fiscal 2016 Earnings and Increases Quarterly Dividend to $0.10 Per Share
November 8, 2016 6:55 AM ESTFORT WORTH, Texas--(BUSINESS WIRE)-- D.R. Horton, Inc. (NYSE: DHI):
Fiscal 2016 Fourth Quarter Highlights - comparisons to the prior year quarter
Consolidated pre-tax income increased 28% to $433.0 million Consolidated pre-tax profit margin improved 90 basis points to 11.6% Net income increased 19% to $283.6 million or $0.75 per diluted share Homes closed increased 16% to 12,247 homes and 19% in value to $3.6 billion Net sales orders increased 3% to 8,744 homes and 7% in value to $2.6 billion Net cash provided by operations was $529.4 millionFiscal 2016... More