Lennar Corporation Declares Quarterly Dividends

Rhea-AI Summary

Lennar (NYSE: LEN and LEN.B) has announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share. The dividend applies to both Class A and Class B common stock and will be paid on February 12, 2025. Shareholders who are holders of record at the close of business on January 29, 2025 will be eligible to receive this dividend payment.

Positive

• Consistent dividend payment indicating financial stability
• Equal treatment of both Class A and Class B shareholders
• Maintains quarterly dividend at $0.50 per share

Negative

• None.

News Market Reaction

+2.51%

1 alert

+2.51% News Effect

On the day this news was published, LEN gained 2.51%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

MIAMI, Jan. 14, 2025 /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 $0.50 per share for both Class A and Class B common stock payable on February 12, 2025 to holders of record at the close of business on January 29, 2025.

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.

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

View original content:https://www.prnewswire.com/news-releases/lennar-corporation-declares-quarterly-dividends-302350949.html

SOURCE Lennar Corporation

FAQ

What is Lennar's (LEN) latest quarterly dividend amount for 2025?

Lennar has declared a quarterly dividend of $0.50 per share for both Class A and Class B common stock.

When is the payment date for Lennar's (LEN) Q1 2025 dividend?

The dividend payment date is February 12, 2025.

What is the record date for Lennar's (LEN) February 2025 dividend?

The record date is January 29, 2025, at the close of business.

Do Lennar's (LEN) Class A and Class B shares receive the same dividend?

Yes, both Class A and Class B common stock receive the same quarterly dividend of $0.50 per share.