Lennar board more than triples dividend

Lennar Corp. said late Thursday that its board more than tripled the homebuilder’s dividend as part of its program to increase returns to shareholders. Lennar will pay a quarertly dividend of 12.5 cents a share on Feb. 7, up from its previous dividend of 4 cents a share, to shareholders as of Jan. 24. “Given our focus on operational excellence, land strategy and cash flow, we believe a diversified program of debt reduction, stock repurchase and now an increased dividend, is appropriate,” said Stuart Miller, Lennar chairman, in a statement. Shares of Lennar rose 0.9% after hours, following a 0.2% rise to close the regular session at $57.69.

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Mark Hulbert: What the S&P 500’s dividend yield being higher than the 30-year Treasury yield really means

Bearish sign for bonds is showing up for the first time in decades, writes Mark Hulbert.

The post Mark Hulbert: What the S&P 500’s dividend yield being higher than the 30-year Treasury yield really means appeared first on WE TEACH MONEY LIFE SELF DEFENSE WITH FINANCIAL GOALS IN MIND.

The post Mark Hulbert: What the S&P 500’s dividend yield being higher than the 30-year Treasury yield really means appeared first on Buy It At A Bargain – Deals And Reviews.