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LENLennar Corporation

Dividends

Dividend payments are $2.00 per share, with a current dividend yield of 2.14%. The company has dividend history for 2 consecutive years.

LEN Dividend Summary

Consecutive Years

2

Next Ex-Dividend Date

Jul 10, 2026

Next Payment Date

Jul 24, 2026

LEN Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

LEN Dividends CAGR Chart

Lennar Corporation (LEN)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$1.50
2025$2.00+3.30%
2024$1.94+33.33%
2023$1.45+0.00%
2022$1.45+50.00%
2021$0.97+60.00%
2020$0.61+290.63%
2019$0.15+0.00%
2018$0.15+1.70%
2017$0.15+0.00%
2016$0.15+0.00%
2015$0.15+0.00%
2014$0.15+0.00%
2013$0.15+0.00%
2012$0.15+0.00%
2011$0.15+0.00%
2010$0.15+0.00%
2009$0.15-69.23%
2008$0.49-18.75%
2007$0.61+0.00%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q3 2026$0.50+0.00%
Q2 2026$0.50+0.00%
Q1 2026$0.50+0.00%
Q4 2025$0.50+3.30%
Q3 2025$0.50+3.30%
Q2 2025$0.50+3.30%
Q1 2025$0.50+3.30%
Q4 2024$0.48+33.33%
Q3 2024$0.48+33.33%
Q2 2024$0.48+33.33%
Q1 2024$0.48+33.33%
Q4 2023$0.36+0.00%
Q3 2023$0.36+0.00%
Q2 2023$0.36+0.00%
Q1 2023$0.36+0.00%
Q4 2022$0.36+50.00%
Q3 2022$0.36+50.00%
Q2 2022$0.36+50.00%
Q1 2022$0.36+50.00%
Q4 2021$0.24+0.00%
Q3 2021$0.24+99.99%
Q2 2021$0.24+99.99%
Q1 2021$0.24+99.99%
Q4 2020$0.24+524.99%

Dividend Yield Metrics

Current Yield
2.14%
Average Yield (TTM)
2.14%
Average Yield (3Y)
1.92%
Forward Yield on Cost (3Y)
4.42%
Forward Yield on Cost (5Y)
7.17%
Forward Yield on Cost (10Y)
24.02%

Payout Ratio Analysis

Payout Ratio (Current)
31.31%
FCF Payout Ratio
3489.42%
Payout Ratio (3Y Avg)
16.39%
Payout Ratio (5Y Avg)
13.03%
FCF Payout (3Y Avg)
620.26%
FCF Payout (5Y Avg)
377.19%

An FCF payout above 100% means dividends exceeded the period's free cash flow, often because of temporarily depressed FCF (one-off capex or working-capital swings) rather than an unfunded dividend. Compare against the earnings payout ratio and the multi-year trend before drawing a conclusion.

Dividend Coverage

Payout Ratio
31.3%
Dividends / net income
FCF Payout Ratio
3489.4%
Dividends / free cash flow
Consecutive Years
2 years
Years with regular dividend payments
5Y Dividend Growth
27.0%
Compound annual dividend growth

About Lennar Corporation

Lennar Corporation, an influential homebuilder in the United States, operates primarily under its widely recognized Lennar brand, alongside its various subsidiaries. The company structures its diverse business initiatives across several distinct divisions: regional homebuilding segments (East, Central, Texas, and West), a Financial Services arm, a Multifamily property development unit, and a broader "Lennar Other" category. At the heart of its operations, Lennar is deeply involved in the creation and sale of single-family homes, encompassing both attached and detached designs. Its activities also span the acquisition, development, and subsequent sale of land designated for residential use, in addition to the comprehensive development, construction, and ongoing management of rental properties in the multifamily sector. Expanding beyond physical construction, Lennar provides essential services such as residential mortgage financing, title protection, and closing services for its clientele and other interested parties. It also actively originates and divests securitized commercial mortgage loans. Furthermore, the corporation participates in strategic fund investment endeavors. Lennar's extensive customer base primarily caters to first-time purchasers, individuals seeking to upgrade their homes, active adult communities, and the luxury housing market. This enterprise, founded in 1954, is officially based in Miami, Florida.

Miami, FL
13,265 employees
Consumer Cyclical / Residential Construction
Sector
Consumer Cyclical
Industry
Residential Construction
CEO
Stuart A. Miller