2024-04-18 16:14:30 ET
- KB Home ( NYSE: KBH ) declares $0.25/share quarterly dividend , 25% increase from prior dividend of $0.20.
- Forward yield 1.66%
- Payable May 23; for shareholders of record May 9; ex-div May 8.
- The company repurchase of up to $1.00 billion of the Company’s outstanding common stock, replacing a prior authorization, which had $113.6 million remaining.
- The Company intends to continue its share repurchases in 2024 in a projected range of between $200 million and $400 million for the full year, including $50 million of share repurchases completed during the Company’s 2024 first quarter.
- See KBH Dividend Scorecard, Yield Chart, & Dividend Growth.
Read the full article on Seeking Alpha
For further details see:
KB Home raises quarterly dividend by 25% to $0.25/share & repurchase of up to $1.00 billion share