D. R. Horton (DHI) Declares $0.125 Quarterly Dividend; 1.3% Yield

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

July 26, 2018 5:55 AM EDT

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

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

Net income attributable to D.R. Horton increased 57% to $453.8 million or $1.18 per diluted share Consolidated pre-tax income increased 39% to $616.2 million Consolidated pre-tax profit margin improved 210 basis points to 13.9% Net sales orders increased 13% in value to $4.4 billion and 12% in homes to 14,650 Homes closed increased 16% in value to $4.3 billion and 13% in homes to 14,114

Fiscal Year-to-Date Highlights - comparisons to the prior... More