The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.
Data last updated: Oct 19, 2026
Snapshot (as of Oct 19, 2026): Lennar Corporation (LEN) pays a $2.00 annual dividend ($0.50 quarterly), yielding 2.59% at $77.08/share. Next ex-dividend date 2026-10-07. 16 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.59%
Annual Dividend: $2.00 per share
Payout Ratio: 37.9%
Ex-Dividend Date: 2026-10-07
Dividend Frequency: quarterly
Sector: Consumer Cyclical
Years of Dividend History: 43
Lennar Corporation dividend income comes from one of the largest homebuilders in the United States, serving first-time, move-up, active adult, and luxury buyers under the Lennar brand. LEN currently pays a 2.61% dividend yield, with a trailing annual rate of $2.00 per share paid quarterly. The next ex-dividend date is October 7, 2026. With a beta of 1.376, LEN stock carries above-average price volatility, making it better suited to dividend investors who can tolerate cyclical swings in exchange for a fast-growing payout.
Lennar Corporation pays out 37.9% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves meaningful room to sustain the dividend even if homebuilding demand softens, and LEN's integrated Financial Services segment, which includes mortgage financing and title insurance, adds a secondary revenue stream tied directly to its home sales volume. The most significant pressure point for Lennar Corporation dividend safety is the company's exposure to the residential construction cycle, where demand can contract sharply with rising interest rates or a slowdown in housing activity.
Lennar Corporation dividend history shows a CAGR of 20.2% per year from 2011 to 2025. The per-share annual dividend grew from $0.1524 to $2.00 over that period (2026 is a partial year and excluded from the CAGR calculation). The largest single-year jump in the window was 290.8% in 2020, when LEN accelerated its payout dramatically after years of holding the dividend flat.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +11.3% | $1.45 (2022) | $2.00 (2025) |
| 5-Year | +27.0% | $0.60 (2020) | $2.00 (2025) |
| 10-Year | +29.4% | $0.15 (2015) | $2.00 (2025) |
LEN fits dividend investors who want a growing payout from a cyclical business and can accept price volatility in exchange for it. The current yield of 2.61% sits in the moderate (2-4%) range and is well above the 5-year average yield of 1.41%, meaning today's income level is historically elevated for this stock. The 37.9% payout ratio keeps the dividend covered even in a weaker housing environment. The trade-off is clear: 16 consecutive years of dividend increases and a 20.2% CAGR deliver strong income growth, but the residential construction sector means the stock price, and potentially future earnings, can move sharply with housing market conditions.
| Payment Date | Amount per Share |
|---|---|
| 2026-10-07 | $0.5000 |
| 2026-07-10 | $0.5000 |
| 2026-04-22 | $0.5000 |
| 2026-02-04 | $0.5000 |
| 2025-10-10 | $0.5000 |
| 2025-07-03 | $0.5000 |
| 2025-04-23 | $0.5000 |
| 2025-01-29 | $0.5000 |
| 2024-10-09 | $0.4840 |
| 2024-07-05 | $0.4840 |
| Year | Total Dividends |
|---|---|
| 2026 | $2.0000 |
| 2025 | $2.0000 |
| 2024 | $1.9360 |
| 2023 | $1.4520 |
| 2022 | $1.4520 |
Project income from LEN with the LEN dividend calculator or track your full portfolio with the dividend tracker.