The ex-dividend date for DR Horton (NYSE:DHI) is tomorrow, December 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $19.32 as of 2:40 p.m., the dividend yield is 0.8%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for DR Horton (NYSE: DHI) is tomorrow, December 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $19.32 as of 2:40 p.m. ET, the dividend yield is 0.8%. The average volume for DR Horton has been 6.3 million shares per day over the past 30 days. DR Horton has a market cap of $5.91 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 45.9% year to date as of the close of trading on Tuesday. D.R. Horton, Inc. operates as a homebuilding company. The company engages in the acquisition and development of land; and construction and sale of residential homes in 26 states and 77 markets in the United States primarily under the D.R. Horton, America's Builder name. The company has a P/E ratio of 6.6, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates DR Horton as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, notable return on equity and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full DR Horton Ratings Report. See our dividend calendar or top-yielding stocks list. Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade.