
Lennar (LEN-B) Dividend
Lennar Corporation · Consumer Cyclical · Residential Construction · quarterly payer
As of Nov 5, 2026, Lennar (LEN-B) pays a quarterly dividend of $0.50 per share, or $2.00 a year, a 2.22% yield at its $89.38 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
2.22%
Annual Dividend
$2.00
Payout Ratio
38%
5-Yr Growth
33.3%
Ex-Date
Oct 7, 2026
Frequency
Quarterly
Key facts about LEN-B's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Lennar Corporation (LEN-B) has a forward dividend yield of 2.22%, based on an annual dividend of $2.00 per share and a share price of $89.38.
- As of Nov 5, 2026, LEN-B'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-B) has raised its dividend for 2 consecutive years as of Nov 5, 2026.
- LEN-B last cut its regular dividend in 2008.
- LEN-B's most recent ex-dividend date was Oct 7, 2026, for a dividend of $0.50 per share.
- As of Nov 5, 2026, LEN-B pays out 38% of its trailing 12-month earnings as dividends (its payout ratio).
- LEN-B's dividend has grown at an average rate of 33.3% a year over the past five years.
- As of Nov 5, 2026, LEN-B's 2.22% yield is 39% above its five-year average yield of 1.60%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for LEN-B is $41.14 per share, 54% below the $89.38 share price, so LEN-B screens as overvalued.
- Lennar Corporation (LEN-B) pays its dividend quarterly, 4 times a year.
- Lennar Corporation (LEN-B) has raised its regular dividend 9 times and cut it 1 time across the 95 payments on record since 2003. Its most recent change was a 5.2% 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-B) has had its first higher dividend of the year go ex-dividend in January in 3 of the last 5 years; its most recent raise, 5.2%, was paid from the dividend that went ex-dividend on Jan 29, 2025.
Cite this page
SmarterDividends, "LEN-B Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/LEN-B
Is LEN-B a good dividend stock?
YesLennar Corporation (LEN-B) pays a quarterly dividend yielding 2.22% ($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 33.3% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 2008
Key Data
- Dividend Yield
- 2.22%
- Payout Ratio
- 38%
- Annual Dividend
- $2.00
- 5-Yr Avg Growth
- 33.3%
- Ex-Dividend Date
- Oct 7, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 1.38
- Market Cap
- $21.3B
- P/E Ratio
- 16.9
- 5-Yr Total Return
- 5%
- 52-Week Range
- $71.27 – $125.48
- Dividend Safety
- A · 87/100
- Ever Cut?
- Yes (2008)
LEN-B dividend raises and cuts
Lennar Corporation (LEN-B) has raised its regular dividend 9 times and cut it 1 time across the 95 payments on record since 2003. Its most recent change was a 5.2% 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 | $0.475 → $0.500 | +5.2% |
| Jan 23, 2024 | Raise | $0.356 → $0.475 | +33.3% |
| Jan 26, 2022 | Raise | $0.238 → $0.356 | +50.0% |
| Oct 15, 2020 | Raise | $0.119 → $0.238 | +100.0% |
| Jan 23, 2020 | Raise | $0.0380 → $0.119 | +212.5% |
| Jan 25, 2018 | Raise | $0.0373 → $0.0380 | +2.0% |
| Oct 21, 2008 | Cut | $0.149 → $0.0373 | −75.0% |
| Nov 3, 2005 | Raise | $0.129 → $0.149 | +15.9% |
| Nov 3, 2004 | Raise | $0.116 → $0.129 | +10.4% |
| Nov 5, 2003 | Raise | $0.0061 → $0.116 | +1822.9% |
Frequently Asked Questions
Is LEN-B a good dividend stock?
Yes. Lennar Corporation (LEN-B) pays a quarterly dividend yielding 2.22% ($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-B undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LEN-B's fair value is about $41.14 versus a $89.38 share price — so it looks overvalued (-54% vs. fair value).
Is LEN-B's dividend safe?
LEN-B 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-B's fair value?
Our blended fair-value estimate for LEN-B is about $41.14 per share, about 54% below the current $89.38 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is LEN-B a buy, hold, or sell?
We don't issue formal ratings, but on the data LEN-B screens as "yes" and overvalued. Lennar Corporation (LEN-B) pays a quarterly dividend yielding 2.22% ($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-B cut its dividend?
LEN-B 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-B pay a dividend?
Yes. Lennar Corporation pays a quarterly dividend of about $2.00 per share annually, a forward yield of roughly 2.22%.
How much dividend does 100 shares of LEN-B pay?
At $2.00 per share a year, 100 shares of LEN-B pay $200.00 a year in dividends before tax, about $50.00 each quarter. Buying them costs about $8,938 at the Nov 5, 2026 price.
What is LEN-B's dividend yield?
As of Nov 5, 2026, LEN-B's forward dividend yield is 2.22%, based on a $2.00 annual dividend and a $89.38 share price.
What is LEN-B's dividend per share?
As of Nov 5, 2026, LEN-B pays $2.00 per share per year, distributed on a quarterly basis.
What is LEN-B's dividend payout ratio?
As of Nov 5, 2026, LEN-B'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-B grown its dividend?
As of Nov 5, 2026, LEN-B has increased its dividend for 2 consecutive years.
When is the next LEN-B ex-dividend date?
As of Nov 5, 2026, LEN-B's next ex-dividend date hasn't been announced. The most recent was Oct 7, 2026, for $0.50 per share.
LEN-B Price — Last 12 Months
Daily close
Price Return
1 Year
-30%
3 Years
-21%
5 Years
+5%
52-Week Range
$71.27 – $125.48
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LEN-B worth?
Overvaluedlow confidenceOur blended fair-value estimate for Lennar Corporation is $41.14 per share, versus a market price of $89.38. That implies 54% of downside.
Fair Value
$41.14
Current Price
$89.38
Downside
-54%
Margin of Safety
-117%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 11.2% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $5.28 EPS, $2.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
LEN-B Dividend Safety Score
Very Safe
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
Dividend History
Full LEN-B 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 | $0.4753 | regular |
| Jul 5, 2024 | Jul 19, 2024 | $0.4753 | regular |
| Apr 23, 2024 | May 8, 2024 | $0.4753 | regular |
| Jan 23, 2024 | Feb 7, 2024 | $0.4753 | regular |
| Oct 11, 2023 | Oct 26, 2023 | $0.3565 | regular |
| Jul 6, 2023 | Jul 21, 2023 | $0.3565 | regular |
Income Calculator
At $2.00 / yr per share
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