Lennar Corporation (NYSE:LEN) will begin trading ex-dividend on October 15, 2020. The quarterly dividend payment of $ 0.25 per share is scheduled to be paid on October 30, 2020.
Dividends History
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Lennar Corporation recently reported second quarter financial results on June 15, 2020, after market close, the Miami based company reported income for the second quarter of $ 1.65 per share, from the revenue of $ 5,287.00 million. The quarterly earnings escalated 3.77 percent while revenues declined 9.73 percent compared with the same quarter last year.
According to street consensus, LEN was expected to report 2Q20 income of $ 1.08 per share from revenue of $ 5010.49 million. The bottom line results beat street analysts by $ 0.57 or 52.78 percent, at the same time, top line results outshined analysts by $ 276.51 million or 5.52 percent.
Stock Performance
Shares of First United Corporation traded up $ 0.08 or 0.61 percent on Tuesday, reaching $ 13.13 with volume of 7.20 thousand shares. First United Corporation has traded high as $ 13.18 and has cracked $ 12.82 on the downward trend
According to the previous trading day, closing price of $ 13.13, representing a 21.51 % increase from the 52 week low of $ 10.74 and a 47.78 % decrease over the 52 week high of $ 24.99.
The company has a market capital of $ 25.37 billion and is part of the Consumer Cyclical sector and Residential Construction industry.
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, Lennar Financial Services, Lennar Multifamily, and Rialto segments. The companys 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.
