MIAMI, June 28 /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 $0.16 per
share for both Class A and Class B common stock payable on August 15, 2006
to holders of record at the close of business on August 4, 2006.
Lennar Corporation, founded in 1954, is one of the nation's leading
builders of quality homes for all generations. The Company builds
affordable, move-up and retirement homes primarily under the Lennar and
U.S. Home brand names. Lennar's Financial Services Division provides
primarily mortgage financing, title insurance and closing services for both
buyers of the Company's homes and others. Previous press releases and
further information about the Company may be obtained at the "Investor
Relations" section of the Company's website, http://www.lennar.com .
Some of the statements in this press release are "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 1A of our Annual Report on Form 10-K for our fiscal year
ended November 30, 2005. We do not undertake any obligation to update
forward-looking statements.
SOURCE Lennar Corporation
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Related links:
http://www.lennar.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20040604/LENLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
http://www.prnewswire.com/comp/507038.html /
CONTACT:
Marshall Ames, Investor Relations, Lennar
Corporation, +1-305-485-2092
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