Lennar Stock To Go Ex-dividend Monday (LEN)

NEW YORK ( TheStreet) -- The ex-dividend date for Lennar Corporation (NYSE: LEN) is Monday, July 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $34.37 as of 9:50 a.m. ET, the dividend yield is 0.5%.

The average volume for Lennar has been 5.7 million shares per day over the past 30 days. Lennar has a market cap of $5.64 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 8.6% year to date as of the close of trading on Wednesday.

Lennar Corporation, together with its subsidiaries, engages in homebuilding, financial services, and real estate businesses in the United States.

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TheStreet Ratings rates Lennar as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Lennar Ratings Report.

See our dividend calendar or top-yielding stocks list.

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