Lennar Corporation (NYSE: LEN) reported better-than-expected results for its fourth quarter on Thursday.
Lennar posted adjusted earnings of $5.17 per share, beating market estimates of $4.59 per share. The company’s quarterly sales came in at $10.97 billion versus expectations of $10.22 billion, according to Benzinga Pro.
Lennar said it sees first-quarter net orders of 17,500-18,000.
With the recent buzz around Lennar following upbeat earnings report, some investors may be eyeing potential gains from the company’s dividends too. As of now, Lennar offers an annual dividend yield of 0.97%, which is a quarterly dividend amount of 37.5 cents per share ($1.50 a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month ...