Lennar Co. (NYSE:LEN.B) declared a quarterly dividend on Thursday, January 11th, RTT News reports. Investors of record on Friday, January 26th will be paid a dividend of 0.04 per share by the construction company on Friday, February 9th. This represents a $0.16 annualized dividend and a yield of 0.29%.
Shares of Lennar (NYSE:LEN.B) traded up $1.50 during trading hours on Thursday, reaching $56.10. 221,800 shares of the company traded hands, compared to its average volume of 181,934. Lennar has a one year low of $34.24 and a one year high of $56.71. The stock has a market capitalization of $16,270.00, a price-to-earnings ratio of 16.17 and a beta of 1.36. The company has a debt-to-equity ratio of 0.72, a current ratio of 7.76 and a quick ratio of 0.59.
Lennar (NYSE:LEN.B) last posted its quarterly earnings results on Wednesday, January 10th. The construction company reported $1.29 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.19). Lennar had a return on equity of 12.37% and a net margin of 6.65%. During the same quarter in the prior year, the company earned $1.34 earnings per share.
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Lennar Corporation is a provider of real estate related financial services, commercial real estate, investment management and finance company. The Company is a homebuilder that operates in various states. Its segments include Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto and Lennar Multifamily.
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