Lennar Corporation Declares Quarterly Dividends
Lennar Corporation (NYSE: LEN and LEN.B) announced a quarterly cash dividend of $0.375 per share for both Class A and Class B common stock.
Sentiment and the balance of points
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Rhea-AI Summary
Lennar Corporation (NYSE: LEN and LEN.B) announced a quarterly cash dividend of $0.375 per share for both Class A and Class B common stock. This dividend is payable on October 27, 2022, to shareholders recorded by the close of business on October 13, 2022. Founded in 1954, Lennar is a leading builder of homes for all generations and offers a range of services including mortgage financing and multifamily rental properties.
Positive
- Quarterly cash dividend of $0.375 per share enhances shareholder value.
Negative
- None.
Details
News Market Reaction – LEN
The recorded move for LEN in the trading session of this news was -3.24%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MIAMI, Sept. 28, 2022 /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
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. LENX drives 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-301636087.html
SOURCE Lennar Corporation
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