Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.
Lennar Dividend Announcement
• Lennar announced a quarterly dividend of $0.50 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-10-09
• Lennar annual dividend for 2024 was $2.00
• Lennar annual dividend for 2023 was $1.50
• Lennar's trailing twelve-month (TTM) dividend yield is 1.3%
• Lennar's payout ratio for the trailing twelve months (TTM) is 12.37%
• Lennar's dividend growth over the last five years (2018-2023) was 56.46% year
• Lennar's dividend growth over the last ten years (2013-2023) was 25.08% year
Lennar Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-09 | $0.50 | quarterly | 2024-10-24 |
2024-07-05 | $0.50 | quarterly | 2024-07-19 |
2024-04-23 | $0.50 | quarterly | 2024-05-08 |
2024-01-23 | $0.50 | quarterly | 2024-02-07 |
2023-10-11 | $0.38 | quarterly | 2023-10-26 |
2023-07-06 | $0.38 | quarterly | 2023-07-21 |
2023-04-25 | $0.38 | quarterly | 2023-05-10 |
2023-01-26 | $0.38 | quarterly | 2023-02-10 |
2022-10-12 | $0.38 | quarterly | 2022-10-27 |
2022-07-06 | $0.38 | quarterly | 2022-07-21 |
2022-04-25 | $0.38 | quarterly | 2022-05-10 |
2022-01-26 | $0.38 | quarterly | 2022-02-10 |
2021-10-13 | $0.25 | quarterly | 2021-10-28 |
2021-07-01 | $0.25 | quarterly | 2021-07-19 |
2021-04-20 | $0.25 | quarterly | 2021-05-05 |
2021-01-28 | $0.25 | quarterly | 2021-02-12 |
2020-10-15 | $0.25 | quarterly | 2020-10-30 |
2020-07-09 | $0.12 | quarterly | 2020-07-24 |
2020-04-20 | $0.12 | quarterly | 2020-05-05 |
2020-01-23 | $0.12 | quarterly | 2020-02-07 |
2019-10-17 | $0.04 | quarterly | 2019-11-01 |
2019-07-10 | $0.04 | quarterly | 2019-07-25 |
2019-04-23 | $0.04 | quarterly | 2019-05-08 |
2019-01-24 | $0.04 | quarterly | 2019-02-08 |
2018-10-18 | $0.04 | quarterly | 2018-11-02 |
2018-07-11 | $0.04 | quarterly | 2018-07-26 |
2018-04-24 | $0.04 | quarterly | 2018-05-09 |
2018-01-25 | $0.04 | quarterly | 2018-02-09 |
2017-10-18 | $0.04 | quarterly | 2017-11-02 |
2017-07-11 | $0.04 | quarterly | 2017-07-27 |
2017-04-28 | $0.04 | quarterly | 2017-05-16 |
2017-01-25 | $0.04 | quarterly | 2017-02-10 |
2016-10-03 | $0.04 | quarterly | 2016-10-20 |
2016-07-06 | $0.04 | quarterly | 2016-07-22 |
2016-04-25 | $0.04 | quarterly | 2016-05-11 |
2016-01-26 | $0.04 | quarterly | 2016-02-11 |
2015-10-20 | $0.04 | quarterly | 2015-11-05 |
2015-07-06 | $0.04 | quarterly | 2015-07-22 |
2015-04-20 | $0.04 | quarterly | 2015-05-06 |
2015-01-27 | $0.04 | quarterly | 2015-02-12 |
2014-10-15 | $0.04 | quarterly | 2014-10-31 |
2014-07-08 | $0.04 | quarterly | 2014-07-24 |
2014-04-21 | $0.04 | quarterly | 2014-05-07 |
2014-01-28 | $0.04 | quarterly | 2014-02-13 |
2013-10-16 | $0.04 | quarterly | 2013-11-01 |
2013-07-08 | $0.04 | quarterly | 2013-07-24 |
2013-04-22 | $0.04 | quarterly | 2013-05-08 |
2013-01-30 | $0.04 | quarterly | 2013-02-15 |
Lennar Dividend per year
Lennar Dividend growth
Lennar Dividend Yield
Lennar current trailing twelve-month (TTM) dividend yield is 1.3%. Interested in purchasing Lennar stock? Use our calculator to estimate your expected dividend yield:
Lennar Financial Ratios
Lennar Dividend FAQ
Other factors to consider when evaluating Lennar as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Lennar's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Lennar publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Lennar distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Lennar are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Lennar sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Lennar distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lennar declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Lennar's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Lennar's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.