Lennar Corporation Declares Quarterly Dividends
07 October 2009 - 7:43AM
PR Newswire (US)
MIAMI, Oct. 6 /PRNewswire-FirstCall/ -- Lennar Corporation
(NYSE:LENNYSE:and LEN.B), one of the nation's largest homebuilders,
announced that its Board of Directors has declared a quarterly cash
dividend of $0.04 per share for both Class A and Class B common
stock payable on November 13, 2009 to holders of record at the
close of business on October 23, 2009. 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 brand name. Lennar's
Financial Services segment 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. These
forward-looking statements include statements regarding our
business, financial condition, results of operations, cash flows,
strategies and prospects. 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" in Item 1A of our Annual Report on Form 10-K for our
fiscal year ended November 30, 2008. We do not undertake any
obligation to update forward-looking statements, except as required
by Federal securities laws. DATASOURCE: Lennar Corporation CONTACT:
Scott Shipley, Investor Relations, Lennar Corporation,
+1-305-485-2054 Web Site: http://www.lennar.com/
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