D. R. Horton (DHI) Declares $0.10 Quarterly Dividend; 1.2% Yield

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D.R. Horton, Inc., America’s Builder, Reports Fiscal 2017 Second Quarter Earnings and Declares Quarterly Dividend of $0.10 Per Share

April 20, 2017 6:55 AM EDT

FORT WORTH, Texas--(BUSINESS WIRE)-- D.R. Horton, Inc. (NYSE: DHI):

Fiscal 2017 Second Quarter Highlights - comparisons to the prior year quarter

Net income increased 17% to $229.2 million or $0.60 per diluted share Consolidated pre-tax income increased 18% to $353.9 million Consolidated pre-tax profit margin was 10.9% Net sales orders increased 17% in value to $4.2 billion and 14% in homes to 13,991 Homes closed increased 18% in value to $3.2 billion and 15% in homes to 10,685 Increasing fiscal 2017 guidance for consolidated revenues to a range... More