Lennar (LEN) Dividend

Lennar Corporation · Consumer Cyclical · Residential Construction · quarterly payer

$90.99

As of Nov 5, 2026, Lennar (LEN) pays a quarterly dividend of $0.50 per share, or $2.00 a year, a 2.17% yield at its $90.99 share price. It pays every quarter, usually in February, May, July and October. It has raised its dividend 2 years in a row and has a dividend safety grade of A.

Forward Yield

2.17%

Annual Dividend

$2.00

Payout Ratio

38%

5-Yr Growth

32.8%

Ex-Date

Oct 7, 2026

Frequency

Quarterly

Key facts about LEN's dividend

Data as of Nov 5, 2026 · Source: SmarterDividends data

As of Nov 5, 2026, Lennar Corporation (LEN) has a forward dividend yield of 2.17%, based on an annual dividend of $2.00 per share and a share price of $90.99.
As of Nov 5, 2026, LEN's dividend safety grade from SmarterDividends is A (87 out of 100), which rates the dividend as very safe.
By SmarterDividends' count, Lennar Corporation (LEN) has raised its dividend for 2 consecutive years as of Nov 5, 2026.
LEN last cut its regular dividend in 2008.
LEN's most recent ex-dividend date was Oct 7, 2026, for a dividend of $0.50 per share.
As of Nov 5, 2026, LEN pays out 38% of its trailing 12-month earnings as dividends (its payout ratio).
LEN's dividend has grown at an average rate of 32.8% a year over the past five years.
As of Nov 5, 2026, LEN's 2.17% yield is 55% above its five-year average yield of 1.40%.
As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for LEN is $77.58 per share, 15% below the $90.99 share price, so LEN screens as fairly valued.
Lennar Corporation (LEN) pays its dividend quarterly, 4 times a year.
Lennar Corporation (LEN) has raised its regular dividend 12 times and cut it 2 times across the 162 payments on record since 1987. Its most recent change was a 3.3% increase to $0.500 per share, going ex-dividend on Jan 29, 2025. The last cut went ex-dividend on Oct 21, 2008.
Lennar (LEN) has declared its first higher dividend of the year in January in 3 of the last 5 years; its most recent raise, 3.3%, was declared on Jan 14, 2025.

Cite this page

SmarterDividends, "LEN Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/LEN

Is LEN a good dividend stock?

Yes

Lennar Corporation (LEN) pays a quarterly dividend yielding 2.17% ($2.00/yr), with 2 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

Comfortable payout ratio (38%)
Strong 32.8% 5-yr dividend growth
Top-tier dividend safety score

Risks

Cut its dividend in 2008
Share price is down over the past 5 years

Key Data

Dividend Yield: 2.17%
Payout Ratio: 38%
Annual Dividend: $2.00
5-Yr Avg Growth: 32.8%
Ex-Dividend Date: Oct 7, 2026
Years of Growth: 2
Frequency: quarterly
Beta: 1.38
Market Cap: $21.6B
P/E Ratio: 17.2
5-Yr Total Return: -15%
52-Week Range: $71.78 – $133.76
Dividend Safety: A · 87/100
Ever Cut?: Yes (2008)

LEN dividend raises and cuts

Lennar Corporation (LEN) has raised its regular dividend 12 times and cut it 2 times across the 162 payments on record since 1987. Its most recent change was a 3.3% increase to $0.500 per share, going ex-dividend on Jan 29, 2025. The last cut went ex-dividend on Oct 21, 2008.

Ex-date	Change	Old → new	Move
Jan 29, 2025	Raise	$0.484 → $0.500	+3.3%
Jan 23, 2024	Raise	$0.363 → $0.484	+33.3%
Jan 26, 2022	Raise	$0.242 → $0.363	+50.0%
Oct 15, 2020	Raise	$0.121 → $0.242	+100.0%
Jan 23, 2020	Raise	$0.0387 → $0.121	+212.5%
Jan 25, 2018	Raise	$0.0381 → $0.0387	+1.7%
Oct 21, 2008	Cut	$0.152 → $0.0381	−75.0%
Nov 3, 2005	Raise	$0.131 → $0.152	+15.9%
Nov 3, 2004	Raise	$0.119 → $0.131	+10.4%
Nov 5, 2003	Raise	$0.0062 → $0.119	+1823.1%
Aug 4, 1999	Raise	$0.0057 → $0.0062	+8.3%
Nov 5, 1997	Cut	$0.0119 → $0.0057	−52.0%

Show all 14 changes since 1987

Ex-date	Change	Old → new	Move
May 2, 1994	Raise	$0.0095 → $0.0119	+25.0%
May 26, 1987	Raise	$0.0079 → $0.0095	+20.0%

Every LEN payment →Download every raise and cut (CSV)

LEN ex-dividend date & scheduleNext ex-date Oct 7, 2026 · full ex-dividend historyView →LEN dividend historyEvery payment, totals by year, raises and cutsView →LEN dividend calculator100 shares pay $200.00 a year, $50.00 each quarterCalculate →LEN total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is LEN a good dividend stock?

Yes. Lennar Corporation (LEN) pays a quarterly dividend yielding 2.17% ($2.00/yr), with 2 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is LEN undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LEN's fair value is about $77.58 versus a $90.99 share price — so it looks fairly valued (-15% vs. fair value).

Is LEN's dividend safe?

LEN has a dividend-safety grade of A (87/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2008, debt and yield-versus-history.

What is LEN's fair value?

Our blended fair-value estimate for LEN is about $77.58 per share, about 15% below the current $90.99 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is LEN a buy, hold, or sell?

We don't issue formal ratings, but on the data LEN screens as "yes" and fairly valued. Lennar Corporation (LEN) pays a quarterly dividend yielding 2.17% ($2.00/yr), with 2 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will LEN cut its dividend?

LEN earns a dividend-safety grade of A (87/100), and has cut its dividend before (last in 2008). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does LEN pay a dividend?

Yes. Lennar Corporation pays a quarterly dividend of about $2.00 per share annually, a forward yield of roughly 2.17%.

How much dividend does 100 shares of LEN pay?

At $2.00 per share a year, 100 shares of LEN pay $200.00 a year in dividends before tax, about $50.00 each quarter. Buying them costs about $9,099 at the Nov 5, 2026 price.

What is LEN's dividend yield?

As of Nov 5, 2026, LEN's forward dividend yield is 2.17%, based on a $2.00 annual dividend and a $90.99 share price.

What is LEN's dividend per share?

As of Nov 5, 2026, LEN pays $2.00 per share per year, distributed on a quarterly basis.

What is LEN's dividend payout ratio?

As of Nov 5, 2026, LEN's payout ratio is 38% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has LEN grown its dividend?

As of Nov 5, 2026, LEN has increased its dividend for 2 consecutive years.

When is the next LEN ex-dividend date?

As of Nov 5, 2026, LEN's next ex-dividend date hasn't been announced. The most recent was Oct 7, 2026, for $0.50 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full LEN dividend history →

Ex-Date	Pay Date	Amount	Type
Oct 7, 2026	Oct 22, 2026	$0.5000	regular
Jul 10, 2026	Jul 24, 2026	$0.5000	regular
Apr 22, 2026	May 6, 2026	$0.5000	regular
Feb 4, 2026	Feb 19, 2026	$0.5000	regular
Oct 10, 2025	Oct 27, 2025	$0.5000	regular
Jul 3, 2025	Jul 18, 2025	$0.5000	regular
Apr 23, 2025	May 7, 2025	$0.5000	regular
Jan 29, 2025	Feb 12, 2025	$0.5000	regular
Oct 9, 2024	Oct 24, 2024	$0.4840	regular
Jul 5, 2024	Jul 19, 2024	$0.4840	regular
Apr 23, 2024	May 8, 2024	$0.4840	regular
Jan 23, 2024	Feb 7, 2024	$0.4840	regular
Oct 11, 2023	Oct 26, 2023	$0.3630	regular
Jul 6, 2023	Jul 21, 2023	$0.3630	regular