D. R. Horton (DHI) Declares $0.125 Quarterly Dividend; 1% Yield

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D.R. Horton, Inc., America’s Builder, Reports Fiscal 2018 First Quarter Earnings and Declares Quarterly Dividend of $0.125 Per Share

January 31, 2018 6:30 AM EST

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

Fiscal 2018 First Quarter Highlights - comparisons to the prior year quarter

Consolidated pre-tax income increased 23% to $391.2 million Consolidated pre-tax profit margin improved 70 basis points to 11.7% Net income attributable to D.R. Horton was $189.3 million or $0.49 per diluted share; includes a non-cash tax-related charge of $108.7 million Net sales orders increased 17% in value to $3.2 billion and 16% in homes to 10,753 Homes closed increased 14% in value to $3.2 billion and 15% in homes... More