Lennar Corporation Class A (LEN) is maintaining its $0.50 dividend payout, with a July payment confirmed. The company has recently reported earnings and updated stakeholders on the completion of the spin-off of Millrose Properties. Further announcements include a fresh $0.50 dividend, indicating steady returns for shareholders, and the declaration of dividends alongside set dates for Millrose's spin-off. Lennar is also experiencing long-term efficiency gains from steady production volume and technology. The company faced a potential class action lawsuit from ChampionsGate residents over mandatory club fees. The spin-off date for Millrose Properties was set to February 7, with a plan for a 2-for-1 share distribution revealed. Goldman Sachs has retained its buy recommendation for Lennar. The company's shareholders have urged the homebuilder to establish emissions targets, against the company's recommendation. Lennar is also expanding, evidenced through the grand opening of the Angeline Active Adult Amenity Center & Clubhouse. Lastly, Invitation Homes has announced a joint venture with Quarterra – a Lennar Company, indicating an expansion into joint ventures for Lennar.
Lennar Corporation Class A LEN News Analytics from Thu, 04 Apr 2013 07:00:00 GMT to Wed, 09 Jul 2025 19:40:00 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor 1
