KB Home (KBH) Raises Quarterly Dividend 260% to $0.09; 1.4% Yield

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Go back to KB Home (KBH) Raises Quarterly Dividend 260% to $0.09; 1.4% Yield

KB Home Increases Quarterly Dividend

July 15, 2019 8:30 AM EDT

Company Raises Quarterly Cash Dividend to $.09 from $.025 Per Share

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today announced that its Board of Directors approved an increase in the Companys quarterly cash dividend on its common stock, more than tripling the rate to $.09 per share from $.025 per share. At the new quarterly rate, the annual cash dividend will now be $.36 per share compared to the previous rate of $.10 per share.

In addition, the Board of Directors declared the next quarterly cash dividend, at the new rate, will be... More