MIAMI, March 29 /PRNewswire-FirstCall/ -- Lennar Corporation (NYSE: LEN
and LEN.B), one of the nation's largest homebuilders, announced that its Board
of Directors has declared a quarterly cash dividend of $0.1375 per share for
both Class A and Class B common stock payable on May 16, 2005 to holders of
record at the close of business on May 6, 2005.
Lennar Corporation, founded in 1954, is headquartered in Miami, Florida
and is one of the nation's leading builders of quality homes for all
generations, building affordable, move-up and retirement homes. The Company
operates primarily under the Lennar and U.S. Home brand names and utilizes a
Dual Marketing strategy consisting of the Everything's Included(R) and Design
Studio(SM) programs. Lennar's Financial Services Division provides mortgage
financing, title insurance, closing services and insurance agency services for
both buyers of the Company's homes and others. Its Strategic Technologies
Division provides high-speed Internet and cable television services to
residents of the Company's communities and others. Previous press releases
may be obtained at http://www.lennar.com.
This press release may include "forward-looking statements," as that term
is defined in the Private Securities Litigation Reform Act of 1995. You can
identify forward-looking statements by the fact that these statements do not
relate strictly to historical or current matters. Rather, forward-looking
statements relate to anticipated or expected events, activities, trends or
results. Because forward-looking statements relate to matters that have not
yet occurred, these statements are inherently subject to risks and
uncertainties. Many factors could cause our actual activities or results to
differ materially from the activities and results anticipated in forward-
looking statements. These factors include those described under the caption
"Risk Factors Relating to Our Business" in Item 1 of our Annual Report on Form
10-K for the fiscal year ended November 30, 2004. We do not undertake any
obligation or duty to update forward-looking statements to reflect either the
occurrence or non-occurrence of any of the risk factors, or to reflect any
other future event or circumstance.
SOURCE Lennar Corporation
 back to top
Related links:
http://www.lennar.com
Photo Notes:http://www.newscom.com/cgi-bin/prnh/20040604/LENLOGO
Company News On-Call:
http://www.prnewswire.com/comp/507038.html
CONTACT:
Marshall Ames, Investor Relations of Lennar
Corporation, +1-305-485-2092
|
