D. R. Horton (DHI) Declares $0.08 Quarterly Dividend; 1% Yield
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D.R. Horton, Inc., America’s Builder, Reports Fiscal 2016 Second Quarter Earnings and Declares Quarterly Dividend of $0.08 Per Share
April 21, 2016 6:00 AM EDTFORT WORTH, Texas--(BUSINESS WIRE)-- D.R. Horton, Inc.:
Fiscal 2016 Second Quarter Highlights - comparisons to the same period in the prior year
Net income increased 32% to $195.1 million, or $0.52 per diluted share Pre-tax income increased 31% to $300.5 million Pre-tax profit margin improved 130 basis points to 10.9% Net sales orders increased 13% in value to $3.6 billion and 10% in homes to 12,292 Homes closed increased 16% in value to $2.7 billion and 12% in homes to 9,262 Sales order backlog increased 14% in... More