PulteGroup (PHM) Raises Quarterly Dividend 9.1% to $0.12; 1.2% Yield

December 5, 2019 8:38 AM EST

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PulteGroup (NYSE: PHM) declared a quarterly dividend of $0.12 per share, or $0.48 annualized. This is a 9.1% increase from the prior dividend of $0.11.

The dividend will be payable on January 3, 2020, to stockholders of record on December 18, 2019, with an ex-dividend date of December 17, 2019.

The annual yield on the dividend is 1.2 percent.

“Inclusive of today’s announced increase, PulteGroup has raised its quarterly dividend by 33% in just the past 12 months,” said Ryan Marshall, PulteGroup President and CEO. “Materially increasing our dividend reflects the strength of our operating and financial results and clearly aligns with the Company’s efforts to build long-term value for PulteGroup shareholders.”

For a dividend history and other dividend-related data on PulteGroup (PHM) click here.

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