D.R. Horton, Inc. (DHI) to Issue Quarterly Dividend of $0.45 on February 12th

D.R. Horton, Inc. (NYSE:DHIGet Free Report) declared a quarterly dividend on Tuesday, January 20th. Stockholders of record on Thursday, February 5th will be given a dividend of 0.45 per share by the construction company on Thursday, February 12th. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, February 5th.

D.R. Horton has raised its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend annually for the last 10 consecutive years. D.R. Horton has a dividend payout ratio of 14.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect D.R. Horton to earn $14.44 per share next year, which means the company should continue to be able to cover its $1.80 annual dividend with an expected future payout ratio of 12.5%.

D.R. Horton Stock Up 3.4%

DHI opened at $158.40 on Thursday. D.R. Horton has a 1 year low of $110.44 and a 1 year high of $184.54. The firm has a 50 day moving average price of $150.76 and a 200 day moving average price of $155.00. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.18 and a current ratio of 6.48. The company has a market cap of $46.11 billion, a PE ratio of 14.39, a price-to-earnings-growth ratio of 1.96 and a beta of 1.42.

D.R. Horton (NYSE:DHIGet Free Report) last announced its quarterly earnings results on Tuesday, January 20th. The construction company reported $2.03 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.05. D.R. Horton had a net margin of 9.95% and a return on equity of 13.48%. The firm had revenue of $6.89 billion for the quarter, compared to analysts’ expectations of $6.66 billion. During the same period in the previous year, the company posted $2.61 earnings per share. D.R. Horton’s revenue was down 9.5% compared to the same quarter last year. Sell-side analysts expect that D.R. Horton will post 13.04 earnings per share for the current year.

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D.R. Horton Company Profile

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D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.

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Dividend History for D.R. Horton (NYSE:DHI)

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