Welcome to our dedicated page for Lennar news (Ticker: LEN), a resource for investors and traders seeking the latest updates and insights on Lennar stock.
Lennar Corporation reports news as a U.S. homebuilder with Class A and Class B common stock traded on the New York Stock Exchange. The company builds affordable, move-up and active adult homes primarily under the Lennar brand, and its updates commonly cover home orders, deliveries, backlog, margins, revenues and liquidity in homebuilding.
Recurring announcements also address quarterly dividends, share repurchases, earnings-call schedules, mortgage, title and closing services in Financial Services, multifamily rental development, commercial real estate mortgage origination through LMF Commercial, and technology and strategic investments through LENX.
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Quarterra Multifamily, a subsidiary of Lennar Corporation (NYSE:LEN, LEN.B), has commenced leasing at Miller & York, a new urban community in Charlotte's vibrant LoSo neighborhood. This 273-home development offers studio, one- and two-bedroom apartments, equipped with smart technology and modern amenities. Residents will enjoy a resort-style pool, clubhouse, fitness center, and access to a variety of dining and entertainment options in the area. The community's strategic location provides easy access to major thoroughfares and public transit, enhancing connectivity for residents. As Quarterra's fourth active community in Charlotte, Miller & York aims to offer a blend of lively urban living and a peaceful home environment.
Lennar Corporation (NYSE: LEN, LEN.B) has announced a quarterly cash dividend of $0.375 per share for both Class A and Class B common stock. This dividend is set to be paid on May 10, 2023, to shareholders on record as of April 26, 2023. Founded in 1954, Lennar is a prominent homebuilder in the U.S., offering homes across various segments including affordable, move-up, and active adult homes. The company also provides mortgage services through its Financial Services segment and develops high-quality multifamily rental properties.