MIAMI, April 11, 2012/PRNewswire/
-- Lennar Corporation (NYSE: LEN and LEN.B), one of
the nation's largest homebuilders, announced that its
Board of Directors has declared a quarterly cash dividend
of $0.04per share for both Class A and Class B
common stock payable on May 9, 2012to holders
of record at the close of business on April
25, 2012.
Lennar Corporation, founded in 1954, is one of the
nation's leading builders of quality homes for all
generations. The Company builds affordable, move-up and
retirement homes primarily under the Lennar brand name.
Lennar's Financial Services segment provides
mortgage financing, title insurance and closing services
for both buyers of the Company's homes and
others. Lennar's Rialto Investments segment is
focused on distressed real estate asset investments, asset
management and workout strategies. Previous press releases
and further information about the Company may be obtained
at the "Investor Relations" section of the
Company's website, www.lennar.com.
Some of the statements in this press release are
"forward-looking statements," as that term is
defined in the Private Securities Litigation Reform Act of
1995. These forward-looking statements include statements
regarding our business, financial condition, results of
operations, cash flows, strategies and prospects. You can
identify forward-looking statements by the fact that these
statements do not relate strictly to historical or current
matters. Rather, forward-looking statements relate to
anticipated or expected events, activities, trends or
results. Because forward-looking statements relate to
matters that have not yet occurred, these statements are
inherently subject to risks and uncertainties. Many factors
could cause our actual activities or results to differ
materially from the activities and results anticipated in
forward-looking statements. These factors include those
described under the caption "Risk Factors" in
Item 1A of our Annual Report on Form 10-K for our fiscal
year ended November 30, 2011. We do not
undertake any obligation to update forward-looking
statements, except as required by Federal securities laws.
SOURCE Lennar Corporation
Diane Bessette, Vice President and Treasurer, Lennar
Corporation, +1-305-229-6419
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