The ex-dividend date for DR Horton (NYSE:DHI) is tomorrow, May 4, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $17.15 as of 9:30 a.m., the dividend yield is 0.9%.
NEW YORK ( TheStreet) -- The ex-dividend date for DR Horton (NYSE: DHI) is tomorrow, May 4, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $17.15 as of 9:30 a.m. ET, the dividend yield is 0.9%. The average volume for DR Horton has been 8.4 million shares per day over the past 30 days. DR Horton has a market cap of $5.3 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 36.6% year to date as of the close of trading on Wednesday. D.R. Horton, Inc. operates as a homebuilding company in the United States. The company's Homebuilding segment engages in the acquisition and development of land, and construction and sale of residential homes in 25 states and 73 markets in the United States primarily under the D.R. The company has a P/E ratio of 39.6, above the average materials & construction industry P/E ratio of 38.7 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates DR Horton as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, compelling growth in net income, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full DR Horton Ratings Report. See our dividend calendar or top-yielding stocks list.