PulteGroup (PHM) Raises Quarterly Dividend 22.2% to $0.11; 1.7% Yield
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PulteGroup Raises Quarterly Cash Dividend 22% to $0.11 Per Share
December 6, 2018 10:45 AM ESTATLANTA--(BUSINESS WIRE)-- PulteGroup, Inc. (NYSE: PHM) announced today that its Board of Directors has approved a 22% increase in the Companys quarterly cash dividend to $0.11 per common share. The Companys next dividend of $0.11 per share is payable January 3, 2019, to shareholders of record at the close of business on December 18, 2018.
The Boards decision to increase the dividend reflects the strength of PulteGroups balance sheet and the strong cash flow the business continues to generate, said Ryan Marshall, President and CEO of the Company. Raising the dividend also aligns with managements stated capital... More
