DR Horton (DHI) will raise its quarterly dividend by 25 percent to $0.125 per share in the fourth quarter of 2017. The new dividend yield for DHI is 1.1%.
The new dividend will be paid on December 15, 2017 to shareholders of record on December 1, 2017.
D.R. Horton, Inc. is a homebuilding company. The Company is engaged in the construction and sale of high-quality homes through its brand portfolio that includes D.R. Horton, Emerald Homes, Express Homes and Freedom Homes with sales prices ranging from $100,000 to over $1,000,000. D.R. Horton also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries.