SmarterDividends
LEN

Lennar Corporation

LEN

Consumer Cyclical · Residential Construction · Stock · quarterly payer

$73.53

Fairly valued · +6% Add to Portfolio

Forward Yield

2.67%

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 · Source: SmarterDividends data

  • As of Oct 15, 2026, Lennar Corporation (LEN) has a forward dividend yield of 2.67%, based on an annual dividend of $2.00 per share and a share price of $73.53.
  • As of Oct 15, 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 Oct 15, 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 Oct 15, 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 Oct 15, 2026, LEN's 2.67% yield is 90% above its five-year average yield of 1.40%.
  • As of Oct 15, 2026, SmarterDividends' blended fair-value estimate for LEN is $77.58 per share, 6% above the $73.53 share price, so LEN screens as fairly valued.
  • Lennar Corporation (LEN) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "LEN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 15, 2026, https://smarterdividends.com/stocks/LEN

Summary

As of Oct 15, 2026, Lennar Corporation (LEN) yields 2.67% ($2.00 a year per share), has a dividend safety grade of A (87/100) and has 2 consecutive years of dividend increases on record.

Is LEN a good dividend stock?

Yes

Lennar Corporation (LEN) pays a quarterly dividend yielding 2.67% ($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
2.67%
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
$17.5B
P/E Ratio
13.9
5-Yr Total Return
-21%
52-Week Range
$73.75 – $133.76
Dividend Safety
A · 87/100
Ever Cut?
Yes (2008)
LEN ex-dividend date & scheduleNext ex-date Oct 7, 2026 · full ex-dividend historyView →LEN dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is LEN a good dividend stock?

Yes. Lennar Corporation (LEN) pays a quarterly dividend yielding 2.67% ($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 $73.53 share price — so it looks fairly valued (+6% 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, roughly 6% above the current $73.53 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 2.67% ($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 2.67%.

What is LEN's dividend yield?

As of Oct 15, 2026, LEN's forward dividend yield is 2.67%, based on a $2.00 annual dividend and a $73.53 share price.

What is LEN's dividend per share?

As of Oct 15, 2026, LEN pays $2.00 per share per year, distributed on a quarterly basis.

What is LEN's dividend payout ratio?

As of Oct 15, 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 Oct 15, 2026, LEN has increased its dividend for 2 consecutive years.

When is the next LEN ex-dividend date?

As of Oct 15, 2026, LEN's next ex-dividend date hasn't been announced. The most recent was Oct 7, 2026, for $0.50 per share.