Kb home increases quarterly dividend

Los angeles--(business wire)---- $kbh #dividend--kb home (nyse: kbh) today announced that its board of directors approved an increase in the company's quarterly cash dividend on its common stock to $.20 per share from $.15 per share. this 33% increase results in an annualized dividend rate of $.80 per share, representing a yield of approximately 1.5%, based on the closing price of the company's common stock on july 13, 2023. in addition, the board of directors declared the next quarterly cash dividend, at the $.2.
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