KB Home (KBH) Raises Quarterly Dividend 33.3% to $.20; 1.5% Yield

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Go back to KB Home (KBH) Raises Quarterly Dividend 33.3% to $.20; 1.5% Yield

KB Home Increases Quarterly Dividend

July 13, 2023 4:38 PM EDT

Company Raises Quarterly Cash Dividend 33% to $.20 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 $.20 per share from $.15 per share. This 33% increase results in an annualized dividend rate of $.80 per share, representing a yield of approximately 1.5%, based on the closing price of the Companys common stock on July 13, 2023.

In addition, the Board of Directors declared the next quarterly cash dividend, at the $.20 per... More