Lennar Corp. (LEN) Raises Quarterly Dividend 50% to $0.375

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Go back to Lennar Corp. (LEN) Raises Quarterly Dividend 50% to $0.375

Lennar Corporation Increases Annual Dividend to $1.50 Per Share

January 12, 2022 5:13 PM EST

MIAMI, Jan. 12, 2022 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has increased its annual dividend to $1.50 per share from $1.00 per share, resulting in a quarterly cash dividend of $0.375 per share for both Class A and Class B common stock. The dividend is payable on February 10, 2022 to holders of record at the close of business on January 27, 2022.

Stuart Miller, Executive Chairman of Lennar, said, "Once again, we are increasing our dividend as part of our overall strategy of focusing on... More