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

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.


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

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