SmarterDividends
DHI

D.R. Horton, Inc.

DHI

Consumer Cyclical · Stock · quarterly payer

Forward Yield

1.23%

Annual Dividend

$1.80

Payout Ratio

16%

5-Yr Growth

18.0%

Ex-Date

May 7, 2026

Frequency

Quarterly

DHI Dividend Safety Score

83/ 100
Grade A

Very Safe

Dividend-growth streak11 consecutive years of growth
Cut historyCut its dividend in 2009
Earnings payout coverage16% of earnings paid out
Free-cash-flow coverage18% of free cash flow
Balance-sheet strengthDebt/equity of 0.27
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is DHI a good dividend stock?

Yes

D.R. Horton, Inc. (DHI) pays a quarterly dividend yielding 1.23% ($1.80/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 15 consecutive years of dividend growth
  • Comfortable payout ratio (16%)
  • Strong 18.0% 5-yr dividend growth
  • 62% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2009

Key Data

Dividend Yield
1.23%
Payout Ratio
16%
Annual Dividend
$1.80
5-Yr Avg Growth
18.0%
Ex-Dividend Date
May 7, 2026
Years of Growth
15
Frequency
quarterly
Beta
1.38
Market Cap
$41.5B
P/E Ratio
13.8
5-Yr Total Return
62%
52-Week Range
$119.54 – $184.55
Dividend Safety
A · 83/100
Ever Cut?
Yes (2009)
DHI ex-dividend date & scheduleNext ex-date May 7, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.80 / yr per share

Per payment (quarterly)$45.00
Annual$180.00
Monthly avg$15.00