PulteGroup Increases Quarterly Cash Dividend by 10% to $0.22 Per Share
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: -5.2%
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ATLANTA--(BUSINESS WIRE)-- PulteGroup, Inc. (NYSE: PHM) announced today that its Board of Directors has voted to increase the Company’s quarterly cash dividend by 10% to $0.22 per common share. The increase will be effective with the Company’s next scheduled dividend, which is payable January 3, 2025, to shareholders of record at the close of business on December 17, 2024.
“Today’s action marks the sixth increase in PulteGroup’s dividend since 2019, as we have doubled the per share payout during this period to the $0.22 per share announced today,” said PulteGroup President and CEO, Ryan Marshall. “In combination with our share repurchases, 2024 marks the fourth year in a row that PulteGroup will have returned over $1.0 billion to shareholders through dividends and share repurchases.”
About PulteGroup
PulteGroup, Inc. (NYSE: PHM), based in Atlanta, Georgia, is one of America’s largest homebuilding companies with operations in more than 45 markets throughout the country. Through its brand portfolio that includes Centex, Pulte Homes, Del Webb, DiVosta Homes, American West and John Wieland Homes and Neighborhoods, the company is one of the industry’s most versatile homebuilders able to meet the needs of multiple buyer groups and respond to changing consumer demand. PulteGroup’s purpose is building incredible places where people can live their dreams.
For more information about PulteGroup, Inc. and PulteGroup brands, go to pultegroup.com; pulte.com; centex.com; delwebb.com; divosta.com; jwhomes.com; and americanwesthomes.com. Follow PulteGroup, Inc. on X: @PulteGroupNews
View source version on businesswire.com: https://www.businesswire.com/news/home/20241113775254/en/
Investors: Jim Zeumer
(404) 978-6434
[email protected]
Source: PulteGroup, Inc.
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