Lennar Corporation (LEN) Ex-Dividend Date Scheduled for January 30, 2013

By NASDAQ.com News,  January 28, 2013, 09:00:05 AM EDT

Lennar Corporation ( LEN ) will begin trading ex-dividend on January 30, 2013. A cash dividend payment of $0.04 per share is scheduled to be paid on February 15, 2013. Shareholders who purchased LEN stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 18th quarter that LEN has paid the same dividend.

The previous trading day's last sale of LEN was $43.07, representing a -0.25% decrease from the 52 week high of $43.18 and a 101.92% increase over the 52 week low of $21.33.

LEN is a part of the Basic Industries sector, which includes companies such as PulteGroup, Inc. ( PHM ) and D.R. Horton, Inc. ( DHI ). LEN's current earnings per share, an indicator of a company's profitability, is $3.1. Zacks Investment Research reports LEN's forecasted earnings growth in 2013 as 92.4%, compared to an industry average of 29.4%.

For more information on the declaration, record and payment dates, visit the LEN Dividend History page.

Interested in gaining exposure to LEN through an Exchange Traded Fund [ETF]?
The following ETF(s) have LEN as a top-10 holding:

  • SPDR Homebuilders ETF ( XHB )
  • SPDR S&P Mortgage Finance ETF ( KME )
  • iShares Dow Jones U.S. Home Construction Index Fund ( ITB )
  • Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF ( RCD ).

The top-performing ETF of this group is ITB with an increase of 31.57% over the last 100 days. XHB has the highest percent weighting of LEN at 3.54%.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, Stocks

Referenced Stocks: DHI, ITB, KME, LEN, PHM, RCD, XHB



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