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Lennar (Lennar) Dividend Payout Ratio : 0.19 (As of Feb. 2024)


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What is Lennar Dividend Payout Ratio?

Lennar's dividend payout ratio for the months ended in Feb. 2024 was 0.19.

The historical rank and industry rank for Lennar's Dividend Payout Ratio or its related term are showing as below:

LEN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.05   Max: 0.11
Current: 0.11


During the past 13 years, the highest Dividend Payout Ratio of Lennar was 0.11. The lowest was 0.03. And the median was 0.05.

LEN's Dividend Payout Ratio is ranked better than
84.62% of 52 companies
in the Homebuilding & Construction industry
Industry Median: 0.405 vs LEN: 0.11

As of today (2024-04-25), the Dividend Yield % of Lennar is 1.17%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Lennar was 1.93%. The lowest was 0.22%. And the median was 0.39%.

Lennar's Dividends per Share for the months ended in Feb. 2024 was $0.50.

During the past 12 months, Lennar's average Dividends Per Share Growth Rate was 8.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 33.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 69.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 29.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lennar was 194.30% per year. The lowest was -37.00% per year. And the median was 5.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Lennar Dividend Payout Ratio Historical Data

The historical data trend for Lennar's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lennar Dividend Payout Ratio Chart

Lennar Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.08 0.08 0.09 0.11

Lennar Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.13 0.10 0.07 0.19

Competitive Comparison of Lennar's Dividend Payout Ratio

For the Residential Construction subindustry, Lennar's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lennar's Dividend Payout Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Lennar's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Lennar's Dividend Payout Ratio falls into.



Lennar Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Lennar's Dividend Payout Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Nov. 2023 )/ EPS without NRI (A: Nov. 2023 )
=1.5/ 13.865
=0.11

Lennar's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=0.5/ 2.584
=0.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lennar (NYSE:LEN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Lennar Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Lennar's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Lennar (Lennar) Business Description

Address
5505 Blue Lagoon Drive, Miami, FL, USA, 33126
Based on the number of delivered homes, Lennar is the second-largest public homebuilder in the United States, behind D.R. Horton. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups.
Executives
Amy Banse director 345 PARK AVENUE, SAN JOSE CA 95110
Dacona Smith director 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Serena Wolfe director ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
Jeffrey Joseph Mccall officer: Senior Vice President 26 TECHNOLOGY DRIVE, IRVINE CA 92618
Diane J Bessette officer: Vice President and Controller LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
David M Collins officer: Controller LENNAR CORPORATION, 700 NW 107 AVENUE STE 400, MIAMI FL 33172
Mark Sustana officer: General Counsel and Secretary LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Jonathan M Jaffe director, officer: Vice President LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Scott D Stowell director
Irving Bolotin director LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Armando J Olivera director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Steven L Gerard director P.O. BOX 554, MILWAUKEE WI 53201-0554
Sherrill W Hudson director 201 SOUTH BISCAYNE BOULEVARD, 34TH FLOOR, MIAMI CENTER, MIAMI FL 33131
Jeffrey Sonnenfeld director 14 WALL ST 13TH FL, NEW YORK NY 10005
Theron I Gilliam director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084

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