Lennar Corporation Declares Quarterly Dividends

Lennar Corporation (NYSE: LEN, LEN.B) has declared a quarterly cash dividend of $0.375 per share for both Class A and Class B common stock.

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Rhea-AI Summary

Lennar Corporation (NYSE: LEN, LEN.B) has declared a quarterly cash dividend of $0.375 per share for both Class A and Class B common stock. This dividend is payable on February 10, 2023, to shareholders on record as of the close of business on January 27, 2023. Founded in 1954, Lennar is a leading homebuilder in the U.S., offering a range of homes and financial services.

Positive

Quarterly cash dividend of $0.375 per share announced.
Dividend payment reinforces company confidence in financial stability.

Negative

None.

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-0.33% session move Open Argus

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News Market Reaction – LEN

The recorded move for LEN in the trading session of this news was -0.33%.

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01/12/2023 - 04:30 PM EST

MIAMI, Jan. 12, 2023 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.375 per share for both Class A and Class B common stock payable on February 10, 2023 to holders of record at the close of business on January 27, 2023.

About Lennar
Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LEN^Xdrives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com.

Contact:
Ian Frazer
Investor Relations
Lennar Corporation
(305) 485-4129

View original content:https://www.prnewswire.com/news-releases/lennar-corporation-declares-quarterly-dividends-301720812.html

SOURCE Lennar Corporation

FAQ

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What is the dividend amount declared by Lennar Corporation?

Lennar Corporation has declared a quarterly cash dividend of $0.375 per share.

When will the dividend be paid?

The dividend will be payable on February 10, 2023.

What is the record date for Lennar's dividend?

The record date for the dividend is January 27, 2023.

How often does Lennar Corporation pay dividends?

Lennar Corporation pays dividends quarterly.

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