Lennar Corporation ( LEN ) will begin trading ex-dividend on April 22, 2013. A cash dividend payment of $0.04 per share is scheduled to be paid on May 08, 2013. Shareholders who purchased LEN stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 19th quarter that LEN has paid the same dividend. At the current stock price of $37.23, the dividend yield is .43%.
The previous trading day's last sale of LEN was $37.23, representing a -15.19% decrease from the 52 week high of $43.90 and a 58.56% increase over the 52 week low of $23.48.
LEN is a part of the Basic Industries sector, which includes companies such as D.R. Horton, Inc. ( DHI ) and PulteGroup, Inc. ( PHM ). LEN's current earnings per share, an indicator of a company's profitability, is $3.28. Zacks Investment Research reports LEN's forecasted earnings growth in 2013 as 98.26%, compared to an industry average of 44.9%.
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 Dow Jones U.S. Home Construction Index Fund ( 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 9.58%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.