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Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): Lennar Corporation (LEN) pays a $2.00 annual dividend ($0.50 quarterly), yielding 2.39% at $83.58/share. Next ex-dividend date 2026-07-10. 16 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.39%
Annual Dividend: $2.00 per share
Payout Ratio: 31.0%
Ex-Dividend Date: 2026-07-10
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, a company founded in 1954 that builds and sells single-family homes, provides residential mortgage financing, and develops multifamily rental properties. LEN currently pays a 2.39% dividend yield. Shareholders receive $2.00 per share annually, paid quarterly, with the next ex-dividend date on July 10, 2026. With a beta of 1.398, LEN stock carries above-average price volatility, making it a better fit for dividend investors who can tolerate cyclical swings in exchange for a growing payout.
Lennar Corporation pays out 31.0% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial room to maintain the dividend even if homebuilding demand softens, and LEN's diversified revenue streams across mortgage financing, title services, and multifamily development add breadth to the business supporting it. The most significant pressure point for Lennar Corporation dividend safety is the company's exposure to the Consumer Cyclical sector, where housing demand can contract sharply during economic downturns, directly compressing the earnings base that funds the payout.
Lennar Corporation dividend history shows a CAGR of 19.8% per year from 2011 to 2025. Per-share payments grew from $0.16 to $2.00 over that window (2026 is a partial year and excluded from the CAGR calculation). The largest annual increase in the window was 290.6% in 2020, when LEN raised its quarterly payout sharply after years of holding the dividend flat at $0.16 per share from 2012 through 2019.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +10.1% | $1.50 (2022) | $2.00 (2025) |
| 5-Year | +26.2% | $0.63 (2020) | $2.00 (2025) |
| 10-Year | +28.7% | $0.16 (2015) | $2.00 (2025) |
LEN fits dividend investors who want a growing payout from a large homebuilder and can accept the cyclical nature of residential construction. The current yield of 2.39% is moderate (2-4%), and it sits above the 5-year average yield of 1.91%, meaning today's entry point offers more income than the historical norm. The 31.0% payout ratio keeps the dividend well-covered, but the 19.8% CAGR over 14 years came largely from a single dramatic reset in 2020 after years of no growth. What an investor gets here is a low-payout, above-average-growth dividend from a cyclical business. The trade-off is that income growth is tied to homebuilding earnings, which move with housing cycles.
| Payment Date | Amount per Share |
|---|---|
| 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 | $0.5000 |
| 2024-07-05 | $0.5000 |
| 2024-04-23 | $0.5000 |
| Year | Total Dividends |
|---|---|
| 2026 | $1.5000 |
| 2025 | $2.0000 |
| 2024 | $2.0000 |
| 2023 | $1.5000 |
| 2022 | $1.5000 |
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