Lennar Corporation Declares Quarterly Dividends

Rhea-AI Summary

Lennar (NYSE: LEN and LEN.B) has announced a quarterly cash dividend declaration by its Board of Directors. The dividend of $0.50 per share will be paid to both Class A and Class B common stockholders. The payment is scheduled for May 7, 2025, with the record date set for April 23, 2025.

Positive

• Consistent dividend payment demonstrates financial stability
• Equal treatment of both Class A and Class B shareholders

Negative

• None.

News Market Reaction

-3.84%

1 alert

-3.84% News Effect

On the day this news was published, LEN declined 3.84%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

MIAMI, April 9, 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 May 7, 2025 to holders of record at the close of business on April 23, 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-302424880.html

SOURCE Lennar Corporation

FAQ

What is the dividend amount for Lennar (LEN) in Q2 2025?

Lennar 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 Q2 2025 dividend?

The dividend payment date is May 7, 2025.

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

The record date is April 23, 2025.

Do both Lennar Class A and Class B shareholders receive the same dividend?

Yes, both Class A (LEN) and Class B (LEN.B) shareholders receive the same dividend of $0.50 per share.