Century Communities Increases Quarterly Cash Dividend

Rhea-AI Summary

Century Communities (NYSE: CCS) has announced a 12% increase in its quarterly cash dividend, raising it from $0.26 to $0.29 per share. The dividend will be paid on March 12, 2025, to stockholders of record as of the close of business on February 26, 2025. This increase in dividend demonstrates the company's commitment to returning value to shareholders.

Positive

• 12% increase in quarterly dividend from $0.26 to $0.29 per share
• Shows financial strength and confidence in cash flow generation
• Enhanced shareholder returns

Negative

• None.

GREENWOOD VILLAGE, Colo., Feb. 5, 2025 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), one of the nation's largest homebuilders, today announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per share, an increase of 12 percent over the previous $0.26 per share. This dividend is payable on March 12, 2025 to stockholders of record as of the close of business on February 26, 2025.

About Century Communities:
Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—consecutively awarded for a second year—and Newsweek's list of the World's Most Trustworthy Companies 2024. Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 17 states and over 45 markets across the U.S., and also offers title, insurance and lending services in select markets through its Parkway Title, IHL Home Insurance Agency, and Inspire Home Loans subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.

Contact Information:
Tyler Langton, Senior Vice President of Investor Relations
303-268-8345
Tyler.Langton@CenturyCommunities.com

 

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SOURCE Century Communities, Inc.

FAQ

What is Century Communities' new quarterly dividend amount for 2025?

Century Communities' new quarterly dividend is $0.29 per share, increased from $0.26 per share.

When will Century Communities (CCS) pay its increased dividend?

The increased dividend will be paid on March 12, 2025, to stockholders of record as of February 26, 2025.

By what percentage did Century Communities increase its dividend in February 2025?

Century Communities increased its quarterly dividend by 12%, from $0.26 to $0.29 per share.

What is the record date for Century Communities' Q1 2025 dividend?

The record date for Century Communities' Q1 2025 dividend is February 26, 2025.

How much will CCS shareholders receive annually with the new dividend rate?

With the new quarterly dividend of $0.29 per share, CCS shareholders will receive $1.16 per share annually.