D.R. Horton, Inc. (DHI) Dividend History
Income profile from 1993 to 2026 with payout safety and yield-on-cost trend
DHI Dividend Income Check
Safety
13.8% payout ratio with sustainable safety profile.
Consistency
11 straight years of dividend increases.
Income Trend
Yield on cost is 2.5% and trend is rising.
DHI Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
DHI Income Growth Story
Dividend per share and yield on cost over time (30 years of payments)
DHI Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
D.R. Horton, Inc. distributes 13.8% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 13.2%, rated "Well Covered".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
DHI has raised its dividend for 11 consecutive years, with a 3-year CAGR of 21.3% and 5-year CAGR of 17.9%.
Total Shareholder Returns
Beyond cash dividends, DHI returns capital through share repurchases. The combined picture: 1.1% dividend yield, 9.9% buyback yield, 11.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.5% and is currently rising. The 5-year total return is 52.9%, with dividends contributing 5.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $53,463 today.
DHI Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 7, 2026Latest | $0.4500 | — | 1.17% | May 14, 2026 |
| Feb 5, 2026 | $0.4500 | — | 1.08% | Feb 12, 2026 |
| Nov 13, 2025 | $0.4500 | ↑ +12.5% | 1.15% | Nov 20, 2025 |
| Aug 7, 2025 | $0.4000 | — | 1.04% | Aug 14, 2025 |
| May 2, 2025 | $0.4000 | — | 1.18% | May 9, 2025 |
| Feb 7, 2025 | $0.4000 | — | 1.09% | Feb 14, 2025 |
| Nov 12, 2024 | $0.4000 | ↑ +33.3% | 80.33% | Nov 19, 2024 |
| Aug 1, 2024 | $0.3000 | — | 67.02% | Aug 8, 2024 |
DHI Dividend vs Peers
Comparable companies in the same industry
DHI Annual Dividend History (1991–2026)
36 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.90 | — | 2 | — | — | — | 1.3% |
| 2025 | $1.65 | 26.9% | 4 | $11.57 | 14.3% | 7.01x | 2.5% |
| 2024 | $1.30 | 23.8% | 4 | $14.34 | 9.1% | 11.03x | 1.9% |
| 2023 | $1.05 | 13.5% | 4 | $13.82 | 7.6% | 13.16x | 1.6% |
| 2022 | $0.93 | 12.1% | 4 | $16.51 | 5.6% | 17.85x | 1.4% |
| 2021 | $0.83 | 13.8% | 4 | $11.42 | 7.2% | 13.84x | 1.2% |
| 2020 | $0.72 | 16.0% | 4 | $6.41 | 11.3% | 8.84x | 1.1% |
| 2019 | $0.63 | 19.0% | 4 | $4.29 | 14.6% | 6.86x | 0.9% |
| 2018 | $0.53 | 23.5% | 4 | $3.81 | 13.8% | 7.26x | 0.8% |
| 2017 | $0.43 | 25.0% | 4 | $2.74 | 15.5% | 6.45x | 0.6% |
Full DHI Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See DHI's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonDHI — Frequently Asked Questions
Quick answers to the most common questions about buying DHI stock.
How much dividend does DHI pay per share?
D.R. Horton, Inc. (DHI) pays a trailing 12-month dividend of $1.60 per share, with a current dividend yield of +1.1%. Payments are made Semi-Annual.
When is DHI's next ex-dividend date?
DHI's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. DHI typically pays dividends Semi-Annual.
Is DHI's dividend safe?
DHI's dividend safety is rated "Sustainable" based on an earnings payout ratio of +13.8% and FCF payout ratio of +13.2%. With 11 consecutive years of dividend growth, the track record supports sustainability.
Is DHI a Dividend Achiever?
Yes, D.R. Horton, Inc. is classified as a Dividend Achiever with 11 consecutive years of dividend increases. The 5-year dividend CAGR is +17.9%, demonstrating above-inflation dividend growth.
How often does DHI pay dividends?
D.R. Horton, Inc. pays dividends Semi-Annual. The trailing 12-month total is $1.60 per share. Dividend data on this page covers 33+ years from 1993 to 2026.
How much would $10,000 invested in DHI grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in DHI five years ago would be worth approximately $15,288 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is DHI's yield on cost for long-term holders?
DHI's yield on cost — the current dividend divided by the original purchase price — is +2.5% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.1% market yield, thanks to consistent dividend growth.