Lennar Corporation (LEN) Dividend History
Income profile from 1984 to 2026 with payout safety and yield-on-cost trend
LEN Dividend Income Check
Safety
25.3% payout ratio with sustainable safety profile.
Consistency
12 straight years of dividend increases.
Income Trend
Yield on cost is 2.7% and trend is rising.
LEN 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.
LEN Income Growth Story
Dividend per share and yield on cost over time (43 years of payments)
LEN Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Lennar Corporation distributes 25.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 1848.5%, rated "Stretched".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
LEN has raised its dividend for 12 consecutive years, with a 3-year CAGR of 11.3% and 5-year CAGR of 27.0%.
Total Shareholder Returns
Beyond cash dividends, LEN returns capital through share repurchases. The combined picture: 2.2% dividend yield, 9.3% buyback yield, 11.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.7% and is currently rising. The 5-year total return is -6.5%, with dividends contributing 7.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $22,917 today.
LEN Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 22, 2026Latest | $0.5000 | — | 2.12% | May 6, 2026 |
| Feb 4, 2026 | $0.5000 | — | 1.74% | Feb 19, 2026 |
| Oct 10, 2025 | $0.5000 | — | 1.68% | Oct 27, 2025 |
| Jul 3, 2025 | $0.5000 | — | 1.80% | Jul 18, 2025 |
| Apr 23, 2025 | $0.5000 | — | 1.83% | May 7, 2025 |
| Jan 29, 2025 | $0.5000 | ↑ +3.3% | 1.51% | Feb 12, 2025 |
| Oct 9, 2024 | $0.4840 | — | 1.07% | Oct 24, 2024 |
| Jul 5, 2024 | $0.4840 | — | 1.27% | Jul 19, 2024 |
LEN Dividend vs Peers
Comparable companies in the same industry
LEN Annual Dividend History (1984–2026)
43 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.00 | — | 2 | — | — | — | 1.3% |
| 2025 | $2.00 | 3.3% | 4 | $7.98 | 25.1% | 3.99x | 2.7% |
| 2024 | $1.94 | 33.3% | 4 | $14.31 | 13.5% | 7.39x | 2.6% |
| 2023 | $1.45 | 0.0% | 4 | $13.73 | 10.6% | 9.46x | 2.0% |
| 2022 | $1.45 | 50.0% | 4 | $15.72 | 9.2% | 10.83x | 2.0% |
| 2021 | $0.97 | 60.0% | 4 | $14.27 | 6.8% | 14.74x | 1.3% |
| 2020 | $0.61 | 290.6% | 4 | $7.85 | 7.7% | 12.97x | 0.8% |
| 2019 | $0.15 | 0.0% | 4 | $5.74 | 2.7% | 37.06x | 0.2% |
| 2018 | $0.15 | 1.7% | 4 | $5.44 | 2.8% | 35.12x | 0.2% |
| 2017 | $0.15 | 0.0% | 4 | $3.38 | 4.5% | 22.19x | 0.2% |
Full LEN Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See LEN's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonLEN — Frequently Asked Questions
Quick answers to the most common questions about buying LEN stock.
How much dividend does LEN pay per share?
Lennar Corporation (LEN) pays a trailing 12-month dividend of $2.02 per share, with a current dividend yield of +2.2%. Payments are made Semi-Annual.
When is LEN's next ex-dividend date?
LEN's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. LEN typically pays dividends Semi-Annual.
Is LEN's dividend safe?
LEN's dividend safety is rated "Sustainable" based on an earnings payout ratio of +25.3% and FCF payout ratio of +1848.5%. With 12 consecutive years of dividend growth, the track record supports sustainability.
Is LEN a Dividend Achiever?
Yes, Lennar Corporation is classified as a Dividend Achiever with 12 consecutive years of dividend increases. The 5-year dividend CAGR is +27.0%, demonstrating above-inflation dividend growth.
How often does LEN pay dividends?
Lennar Corporation pays dividends Semi-Annual. The trailing 12-month total is $2.02 per share. Dividend data on this page covers 42+ years from 1984 to 2026.
How much would $10,000 invested in LEN grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in LEN five years ago would be worth approximately $9,353 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is LEN's yield on cost for long-term holders?
LEN's yield on cost — the current dividend divided by the original purchase price — is +2.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.2% market yield, thanks to consistent dividend growth.