D.R. Horton (DHI) will raise its quarterly dividend by 11.1% to 25 cents quarterly per share. The dividend yield is 1.2% at a stock price of $84.
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.