Lennar Corporation (LEN) Ex-Dividend Date Scheduled for July 08, 2013


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Lennar Corporation ( LEN ) will begin trading ex-dividend on July 08, 2013. A cash dividend payment of $0.04 per share is scheduled to be paid on July 24, 2013. Shareholders who purchased LEN stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 20th quarter that LEN has paid the same dividend. At the current stock price of $35.35, the dividend yield is .45%.

The previous trading day's last sale of LEN was $35.35, representing a -20.38% decrease from the 52 week high of $44.40 and a 23.99% increase over the 52 week low of $28.51.

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 $1.83. Zacks Investment Research reports LEN's forecasted earnings growth in 2013 as 120.7%, compared to an industry average of 30.4%.

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:

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

The top-performing ETF of this group is KME with an increase of 31.72% over the last 100 days. ITB has the highest percent weighting of LEN at 9.67%.

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

This article appears in: News Headlines , Stocks
More Headlines for: DHI , ITB , KME , LEN , PHM , RCD , XHB

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