D. R. Horton (DHI) Declares $0.30 Quarterly Dividend; 0.8% Yield

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D.R. Horton, Inc., America's Builder, Reports Fiscal 2024 Second Quarter Earnings and Declares Quarterly Dividend of $0.30 Per Share

April 18, 2024 6:30 AM EDT

ARLINGTON, Texas--(BUSINESS WIRE)-- D.R. Horton, Inc. (NYSE: DHI):

Fiscal 2024 Second Quarter Highlights - comparisons to the prior year quarter

Net income increased 24% to $1.2 billion or $3.52 per diluted share Consolidated pre-tax income increased 23% to $1.5 billion, with a pre-tax profit margin of 16.8% Consolidated revenues increased 14% to $9.1 billion Homes closed increased 15% to 22,548 homes and 14% in value to $8.5 billion Net sales orders increased 14% to 26,456 homes and 17% in value to $10.1 billion Rental operations pre-tax income of $33.3 million on $371.3 million of revenues from sales of 1,109 single-family... More