Lennar Corporation Declares Quarterly Dividends

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

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Rhea-AI Summary

Lennar Corporation (NYSE: LEN and 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 February 12, 2021 to shareholders on record by January 29, 2021. Founded in 1954, Lennar is a leading homebuilder in the U.S., specializing in affordable, move-up, and active adult homes. The company also provides mortgage financing and develops multifamily rental properties across the country.

Positive

Declared a quarterly cash dividend of $0.25 per share, enhancing shareholder value.

Negative

None.

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01/14/2021 - 05:30 PM

MIAMI, Jan. 14, 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 February 12, 2021 to holders of record at the close of business on January 29, 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-301208940.html

SOURCE Lennar Corporation

FAQ

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What is the amount of the dividend declared by Lennar Corporation for 2021?

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

When is the dividend payable for Lennar Corporation?

The dividend is payable on February 12, 2021.

What is the record date for Lennar Corporation's dividend?

The record date for the dividend is January 29, 2021.

How often does Lennar Corporation pay dividends?

Lennar Corporation pays dividends quarterly.

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