NEW YORK (
) -- The ex-dividend date for
) is tomorrow, January 25, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $21.61 as of 9:30 a.m. ET, the dividend yield is 0.7%.
The average volume for Lennar has been 6.2 million shares per day over the past 30 days. Lennar has a market cap of $3.43 billion and is part of the
industry. Shares are up 10.7% year to date as of the close of trading on Monday.
Lennar Corporation, together with its subsidiaries, engages in homebuilding, financial services, and real estate businesses in the United States. The company has a P/E ratio of 46, equal to the average materials & construction industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Lennar as a
. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full