Lennar corporation increases annual dividend to $2.00 per share and share repurchase authorization by $5 billion

Miami , jan. 9, 2024 /prnewswire/ -- lennar corporation (nyse: len and len.b), one of the nation's leading homebuilders, announced that its board of directors has increased its annual dividend to $2.00 per share from $1.50 per share, resulting in a quarterly cash dividend of $0.50 per share for both class a and class b common stock. the dividend is payable on february 7, 2024 to holders of record at the close of business on january 24, 2024.
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