Lennar Corporation Declares Quarterly Dividends

Lennar Corporation (NYSE: LEN, LEN.B) has declared a quarterly cash dividend of $0.25 per share for both Class A and Class B common stock.

Rhea-AI Summary

Lennar Corporation (NYSE: LEN, LEN.B) has declared a quarterly cash dividend of $0.25 per share for both Class A and Class B common stock. This dividend is payable on July 19, 2021 to shareholders on record as of July 2, 2021. With a focus on building affordable homes, Lennar offers a range of housing options and supports finance through its Financial Services segment. The company continues to be a leader in the homebuilding industry, enhancing its offerings through technology and strategic investments.

Positive

• Quarterly cash dividend of $0.25 per share declared.
• Dividend payment date of July 19, 2021, signaling shareholder returns.

Negative

• None.

Argus Session date unavailable

-0.58% session move Open Argus

Details

News Market Reaction – LEN

The recorded move for LEN in the trading session of this news was -0.58%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

MIAMI, June 18, 2021 /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 $0.25 per share for both Class A and Class B common stock payable on July 19, 2021 to holders of record at the close of business on July 2, 2021.

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^X drives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com.  

View original content:http://www.prnewswire.com/news-releases/lennar-corporation-declares-quarterly-dividends-301315648.html

SOURCE Lennar

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Lennar Corporation in June 2021?

Lennar Corporation declared a quarterly cash dividend of $0.25 per share for both Class A and Class B common stock.

When will Lennar's dividend be paid?

The dividend will be paid on July 19, 2021.

What is the record date for Lennar's dividend?

The record date for Lennar's dividend is July 2, 2021.

How often does Lennar declare dividends?

Lennar Corporation typically declares dividends quarterly.