KB Home (KBH) Declares $0.15 Quarterly Dividend; 1.9% Yield

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Go back to KB Home (KBH) Declares $0.15 Quarterly Dividend; 1.9% Yield

KB Home Board of Directors Approves New $300 Million Stock Repurchase Authorization and Declares Second Quarter 2022 Dividend

April 11, 2022 8:00 AM EDT

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today announced that on April 7, 2022, its Board of Directors authorized the repurchase of up to $300 million of the Companys outstanding common stock, replacing a prior authorization, which had 331,400 shares remaining. Repurchases under this new authorization may occur periodically through open market purchases, privately negotiated transactions or otherwise, with the timing and amount at managements discretion and dependent on market, business and other conditions.

In addition, the Board of Directors declared a quarterly cash dividend of $.15 per share on the Company's common stock, payable... More