DHI Dividend Yield 2026: D.R. Horton, Inc.

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Data last updated: Sep 06, 2026

Snapshot (as of Sep 06, 2026): D.R. Horton, Inc. (DHI) pays a $1.80 annual dividend ($0.45 quarterly), yielding 1.26% at $142.75/share. Next ex-dividend date 2026-08-06. 11 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 1.26%

Annual Dividend: $1.80 per share

Payout Ratio: 16.6%

Ex-Dividend Date: 2026-08-06

Dividend Frequency: quarterly

Sector: Consumer Cyclical

Years of Dividend History: 30

About D.R. Horton, Inc. Dividend

D.R. Horton, Inc. dividend investors are looking at one of the largest homebuilders in the United States, operating across 31 states under brands like Express Homes, Emerald Homes, and America's Builder. DHI currently yields 1.26%, with a trailing annual dividend rate of $1.80 per share paid quarterly. The next ex-dividend date is August 6, 2026. With a beta of 1.375, DHI stock carries above-average price volatility, making it a better fit for growth-oriented dividend investors than those seeking steady income.

Dividend Safety

D.R. Horton, Inc. pays out 16.6% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low retention of earnings relative to the dividend means the company has substantial room to maintain payments even if homebuilding demand softens across its 98 markets. D.R. Horton, Inc. dividend safety is supported by that wide earnings cushion, though the Consumer Cyclical sector means revenue is tied to housing demand, which can contract sharply during economic downturns.

D.R. Horton, Inc. (DHI) Dividend Growth Rate, CAGR, and History

D.R. Horton, Inc. dividend history shows a CAGR of 5.8% per year from 2007 to 2025. Per-share payments grew from $0.60 to $1.65 over that period (2026 is a partial year and excluded from the rate calculation). The largest annual increase in the window was 100.0% in 2012, and the data also contains at least one year-over-year decline exceeding 5%, meaning growth has not been linear.

D.R. Horton, Inc. Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+21.3%	$0.93 (2022)	$1.65 (2025)
5-Year	+17.9%	$0.72 (2020)	$1.65 (2025)
10-Year	+20.0%	$0.27 (2015)	$1.65 (2025)

Is D.R. Horton, Inc. a Good Dividend Stock?

DHI fits dividend investors who prioritize earnings retention and dividend growth over immediate income. The yield is low (below 2%) at 1.26%, and that sits well above the 5-year average yield of 0.81%, so the current entry point offers more income than the stock has historically delivered. The 16.6% payout ratio leaves the dividend well covered. The trade-off is straightforward: D.R. Horton, Inc. stock offers a growing dividend backed by a conservative payout, but the absolute yield is modest, and the cyclical homebuilding business adds price volatility that income-focused investors should weigh carefully.

Recent D.R. Horton, Inc. Dividend Payments

Payment Date	Amount per Share
2026-08-06	$0.4500
2026-05-07	$0.4500
2026-02-05	$0.4500
2025-11-13	$0.4500
2025-08-07	$0.4000
2025-05-02	$0.4000
2025-02-07	$0.4000
2024-11-12	$0.4000
2024-08-01	$0.3000
2024-05-01	$0.3000

D.R. Horton, Inc. Annual Dividend History

Year	Total Dividends
2026	$1.3500
2025	$1.6500
2024	$1.3000
2023	$1.0500
2022	$0.9250

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Frequently Asked Questions

Does DHI pay dividends?

Yes, D.R. Horton, Inc. (DHI) pays a $0.45 quarterly dividend per share, yielding 1.26%.

How often does D.R. Horton, Inc. pay dividends?

D.R. Horton, Inc. pays dividends quarterly, with the last dividend amount of $0.45 per share. The next ex-dividend date is August 6, 2026.

What is D.R. Horton, Inc.'s current dividend yield?

The current D.R. Horton, Inc. dividend yield is 1.26%, which is above the 5-year average yield of 0.81%. That makes the current yield higher than what the stock has typically offered over the past five years.

Has D.R. Horton, Inc. ever cut its dividend?

The available dividend history shows at least one year-over-year decline exceeding 5% within the data window. The history does not show an unbroken record of increases across all years in the table.

How fast has D.R. Horton, Inc. grown its dividend?

D.R. Horton, Inc. has grown its dividend at a compound annual growth rate (CAGR) of 5.8% per year from 2007 to 2025. Per-share payments rose from $0.60 to $1.65 over that period.

Is D.R. Horton, Inc. dividend safe?

The 16.6% payout ratio is conservative (below 40%), leaving substantial earnings coverage for the current $1.80 annual dividend. The primary risk is cyclical: homebuilding revenue can decline during housing downturns, which could pressure earnings and, by extension, the dividend.

What type of investor is D.R. Horton, Inc. best suited for?

DHI suits dividend investors who prioritize dividend growth and a low payout ratio over a high current yield. The 1.26% yield is low, but 11 consecutive years of increases and a 16.6% payout ratio appeal to investors focused on long-term dividend compounding.

Why is D.R. Horton, Inc. dividend yield low?

The yield is low because DHI retains most of its earnings, paying out only 16.6% as dividends. That conservative payout policy keeps the annual dividend at $1.80 per share relative to the stock price, resulting in a yield below 2%.

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