Lennar (Lennar) Dividend Payout Ratio

: 0.19 (As of Feb. 2024)

View and export this data going back to 2003. Start your Free Trial

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.B' 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.B's Dividend Payout Ratio is ranked better than
83.02% of 53 companies
in the Homebuilding & Construction industry
Industry Median: 0.4 vs LEN.B: 0.11

As of today (2024-04-19), 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 Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Dividend Payout Ratio

0.03

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																0.18	0.13	0.10	0.07	0.19

Competitive Comparison

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 Dividend Payout Ratio Distribution

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

Lennar (NYSE:LEN.B) 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

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Lennar Corp (NYSE:LEN.B) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

LEN:USA LEN:Mexico LNN0:Germany LNN:Germany LNN:Germany L1EN34:Brazil

Address

5505 Blue Lagoon Drive, Miami, FL, USA, 33126

Website

https://www.lennar.com

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.