Lennar Corporation recently completed the spin-off of
Millrose Properties, setting the distribution ratio at 1:2 and initiating the distribution of Millrose shares. The move forms a part of Lennar's
strategic plan, which has seen the corporation remain opportunistic, maintaining a strong hold in the market. This is reflected in recommendations from
Greenhaven Associates and
Warren Buffet, who recognize Lennar among their top stock picks.
Additionally, Lennar has declared a
$0.50 quarterly dividend, payable in February 2025. On another positive note, the company's Stillwater Golf Course was dubbed the 'Most Innovative Course Design for 2022' by
Sports Illustrated. In terms of sustainability, Lennar is advancing in the residential solar sector through the acquisition of
SunStreet—its residential solar platform—by Sunnova. Furthermore, the company is said to be co-hosting an exclusive real estate sales event with Nest GH in Accra.
Lennar Corporation Class A LEN News Analytics from Thu, 04 Apr 2013 07:00:00 GMT to Fri, 07 Mar 2025 03:22:00 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 3
