Lennar Corporation Declares Quarterly Dividends

Lennar Corporation (NYSE: LEN, LEN.B) announced 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) announced a quarterly cash dividend of $0.375 per share for both Class A and Class B common stock. The dividend is payable on May 10, 2022 to shareholders who are on record as of the close of business on April 26, 2022. This declaration reflects Lennar's commitment to returning value to shareholders and maintaining strong financial health in the housing market.

Positive

Quarterly cash dividend of $0.375 per share declared.
Payment date of May 10, 2022, supports shareholder returns.

Negative

None.

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News Market Reaction – LEN

The recorded move for LEN in the trading session of this news was +1.91%.

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04/12/2022 - 04:30 PM EDT

MIAMI, April 12, 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 $0.375 per share for both Class A and Class B common stock payable on May 10, 2022 to holders of record at the close of business on April 26, 2022.

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.

View original content:https://www.prnewswire.com/news-releases/lennar-corporation-declares-quarterly-dividends-301524263.html

SOURCE Lennar Corporation

FAQ

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

What is the dividend amount declared by Lennar Corporation?

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

When will Lennar's dividend be paid?

The dividend will be paid on May 10, 2022.

What is the record date for Lennar's dividend?

The record date for the dividend is April 26, 2022.

How often does Lennar Corporation pay dividends?

Lennar typically pays dividends quarterly.

What are the stock symbols for Lennar Corporation?

The stock symbols for Lennar Corporation are LEN and LEN.B.

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