KB Home (KBH) Raises Quarterly Dividend 66.7% to $0.15; 1.5% Yield

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Go back to KB Home (KBH) Raises Quarterly Dividend 66.7% to $0.15; 1.5% Yield

KB Home Increases Quarterly Dividend

October 8, 2020 5:02 PM EDT

Company Raises Quarterly Cash Dividend 67% to $.15 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 to $.15 per share from $.09 per share. This 67% increase raises the Companys annual dividend rate to $.60 per share from the previous rate of $.36 per share, representing a yield of approximately 1.5%, based on the closing price of the Companys common stock on October 8, 2020.

In addition, the Board of Directors declared... More