Lennar Corporation Declares Quarterly Dividends

Lennar Corporation (NYSE: LEN and LEN.B) has declared 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 and LEN.B) has declared a quarterly cash dividend of $0.375 per share for both Class A and Class B common stock. This dividend will be payable on July 21, 2022 to shareholders on record as of July 7, 2022. As a leading homebuilder in the United States, Lennar focuses on building quality homes for various demographics, including affordable and active adult housing. The company also offers mortgage financing and has a segment dedicated to multifamily rental properties.

Positive

Quarterly cash dividend of $0.375 per share enhances income for shareholders.
Confidence in continued financial performance demonstrated by dividend declaration.

Negative

None.

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06/22/2022 - 04:30 PM EDT

MIAMI, June 22, 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 July 21, 2022 to holders of record at the close of business on July 7, 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^X drives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com.

Contact:
Allison Bober
Investor Relations
Lennar Corporation
(305) 485-2038

View original content:https://www.prnewswire.com/news-releases/lennar-corporation-declares-quarterly-dividends-301573448.html

SOURCE Lennar Corporation

FAQ

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

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

When will the dividend be paid to shareholders?

The dividend will be paid on July 21, 2022.

What is the record date for the Lennar dividend?

The record date for the dividend is July 7, 2022.

How often does Lennar Corporation pay dividends?

Lennar Corporation pays dividends quarterly.

Lennar Corporation Declares Quarterly Dividends