Lennar Hikes Dividend By 50%


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  • Lennar Corp (NYSE:LEN) said its Board of Directors had increased its annual dividend by 50% to $1.50 from $1.00 per share.
  • The move has resulted in a quarterly cash dividend of $0.375 per share for Class A and Class B common stock. 
  • The dividend is payable on February 10, 2022, to holders of record on January 27, 2022.
  • Lennar held $2.7 billion of Homebuilding cash and equivalents as of November 30, 2021.
  • Price Action: LEN shares closed higher by 0.19% at $107.94 on Wednesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: NewsDividendsBriefsConsumer DiscretionaryHomebuilding