Featured News

Categories: Real Estate Investing

Lennar Corporation Declares Dividends - Outlook Positive

Yesterday Lennar Corporation declared a quarterly cash dividend of $0.04 per share for both their Class A and Class B common stocks.

One of the nation's leading home builders, Lennar Corporation was founded way back in 1954. Lennar's Financial Services segment now provides mortgage financing, title insurance and closing services, and Lennar's Rialto Investments focuses on distressed real estate investments and asset management.

According to the earnings estimate pages of the Lennar website, the stock is holding strong at a "hold" position even though most indicators show the company exceeding expectations for the most part. The company had just reported Q4 2012 net earnings of some $124.3 million and an increase in delivered homes of more than 30%. New orders with the company were also up a third, as was revenue at $1.3 billion (42%). For 2012 Lennar stocks gained over $3 per diluted share.

More information about this announcement and other Lennar news can be obtained via the company's website, www.lennar.com.

Al Twitty

Recent Posts

5 Reasons to Keep Your Personal Information Private

As technology evolves, it has become easier to access information, from our accounts to those…

2 hours ago

How to Qualify for an Owner-Occupied Home

When it comes to investing in real estate, purchasing income properties can be the biggest…

2 hours ago

What is Unskippable and What Are Its Functions

“Unskippable,” a new video marketing series created by Twitter, has been making serious waves since…

2 hours ago

What about buying a modern bookcase for your interiors?

Everyone who reads a lot of books needs a bookcase. This article will tell you…

9 hours ago

What Are The Requirements For VA Loan Inspections

VA appraisals and VA inspections are often confused, but they are different. A VA appraisal…

10 hours ago

How to Effectively Run a Real Estate Marketing Campaign: The Best Tools and Methods to Get Results

With 40 million people on the move each year, there's a clear need and market for real…

1 day ago