Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Announces Dividend Increase – $0.48 Per Share

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) declared a quarterly dividend on Thursday, December 11th. Stockholders of record on Thursday, January 1st will be given a dividend of 0.4766 per share on Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 0.0% increase from Hovnanian Enterprises, Inc. PFD DEP1/1000A’s previous quarterly dividend of $0.48.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Trading Down 0.2%

Shares of NASDAQ:HOVNP opened at $20.26 on Monday. Hovnanian Enterprises, Inc. PFD DEP1/1000A has a 1 year low of $16.05 and a 1 year high of $21.35. The firm has a fifty day moving average price of $20.14 and a 200 day moving average price of $19.36.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Company Profile

Hovnanian Enterprises, Inc is a publicly traded homebuilding company active primarily in the United States. Through its network of land development and construction operations, the company designs, builds and sells single-family detached and attached homes, condominiums and active-adult communities. In addition to its core homebuilding business, Hovnanian provides financing, mortgage banking, title insurance and closing services to homebuyers through its wholly owned financial services subsidiaries.

Founded in 1959 by Kevork S.