Lennar Corporation (NYSE:LEN.B - Get Free Report) announced a quarterly dividend on Thursday, June 19th, RTT News reports. Investors of record on Thursday, July 3rd will be given a dividend of 0.50 per share by the construction company on Friday, July 18th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date is Thursday, July 3rd.
Lennar Stock Performance
Shares of NYSE:LEN.B traded up $2.01 during mid-day trading on Friday, reaching $101.36. The company had a trading volume of 78,967 shares, compared to its average volume of 55,225. The company has a current ratio of 3.65, a quick ratio of 0.68 and a debt-to-equity ratio of 0.12. The firm has a market cap of $26.74 billion, a price-to-earnings ratio of 8.38 and a beta of 1.28. The company's 50-day moving average price is $102.93 and its 200-day moving average price is $115.94. Lennar has a one year low of $94.09 and a one year high of $177.00.
Lennar (NYSE:LEN.B - Get Free Report) last posted its quarterly earnings results on Monday, June 16th. The construction company reported $1.90 EPS for the quarter, missing analysts' consensus estimates of $1.96 by ($0.06). The company had revenue of $8.38 billion during the quarter. Lennar had a return on equity of 12.73% and a net margin of 9.20%. During the same quarter in the previous year, the business earned $3.38 earnings per share.
About Lennar
(
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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.
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