Lennar Corporation (NYSE:LEN) will begin trading ex-dividend on July 9, 2020. The quarterly dividend payment of $ 0.125 per share is scheduled to be paid on July 24, 2020. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date, latest at the end of the trading session on July 9, 2020.
Dividends History
wpDataTable with provided ID not found!Recent Earnings Announcement
Lennar Corporation came out with income for the second quarter of $ 1.65 per share, from the revenue of $ 5,290.00 million. The quarterly earnings up 3.77 percent while revenues decreased 9.68 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 topped analysts by $ 279.51 million or 5.58 percent.
Stock Performance
According to the previous trading day, closing price of LEN was $ 65.55, representing a 157.87 % increase from the 52 week low of $ 25.42 and a 8.17 % decrease over the 52 week high of $ 71.38.
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The company has a market capital of $ 19.86 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.
