D. R. Horton (DHI) Raises Quarterly Dividend 25% to $0.125; 1.1% Yield
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D.R. Horton, Inc., America’s Builder, Reports Fourth Quarter and Fiscal 2017 Earnings and Increases Quarterly Dividend to $0.125 Per Share
November 9, 2017 6:30 AM ESTARLINGTON, Texas--(BUSINESS WIRE)-- D.R. Horton, Inc. (NYSE: DHI):
Fiscal 2017 Fourth Quarter Highlights - comparisons to the prior year quarter
Net income increased 10% to $313.2 million or $0.82 per diluted share Consolidated pre-tax income increased 12% to $485.5 million Consolidated pre-tax profit margin improved 10 basis points to 11.7% Homes closed increased 7% to 13,165 homes and 11% in value to $4.0 billion Net sales orders increased 18% to 10,333 homes and 19% in value to $3.1 billionFiscal 2017 Highlights - comparisons to the prior year
Net... More