SmarterDividends
LEN-B

Lennar (LEN-B) Dividend

Lennar Corporation · Consumer Cyclical · Residential Construction · quarterly payer

$89.38

Overvalued · -54% Add to Portfolio

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?

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.

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-dateChangeOld → newMove
Jan 29, 2025Raise$0.475 → $0.500+5.2%
Jan 23, 2024Raise$0.356 → $0.475+33.3%
Jan 26, 2022Raise$0.238 → $0.356+50.0%
Oct 15, 2020Raise$0.119 → $0.238+100.0%
Jan 23, 2020Raise$0.0380 → $0.119+212.5%
Jan 25, 2018Raise$0.0373 → $0.0380+2.0%
Oct 21, 2008Cut$0.149 → $0.0373−75.0%
Nov 3, 2005Raise$0.129 → $0.149+15.9%
Nov 3, 2004Raise$0.116 → $0.129+10.4%
Nov 5, 2003Raise$0.0061 → $0.116+1822.9%
LEN-B ex-dividend date & scheduleNext ex-date Oct 7, 2026 · full ex-dividend historyView →LEN-B dividend historyEvery payment, totals by year, raises and cutsView →LEN-B dividend calculator100 shares pay $200.00 a year, $50.00 each quarterCalculate →LEN-B total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

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.