PulteGroup increases quarterly dividend to 20 cents a share from 16 cents
Provided by
Dow Jones
PulteGroup Inc. (PHM) said Thursday its board of directors voted to increase the home builder's quarterly dividend by 25% to 20 cents a share from 16 cents a share. Shareholders of record as of Dec. 19 will be paid the dividend on Jan. 3. PulteGroup Chief Executive Ryan Marshall said the higher dividend "reflects our commitment to returning capital to our shareholders." PulteGroup stock was up by 0.4% in premarket trading on Thursday.
-Steve Gelsi
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
11-16-23 0647ET
Copyright (c) 2023 Dow Jones & Company, Inc.-
5 Stocks to Buy Instead of Overpriced US Equities
-
Q4 Stock Market Outlook: Where We See Opportunities for Investors
-
Markets Brief: Non-Farm Payrolls in the Spotlight Again
-
6 Top-Performing Large-Growth Funds
-
What’s the Difference Between the CPI and PCE Indexes?
-
Micron Earnings: Great Guidance but Stock Now Looks Fairly Valued
-
August PCE Report Forecasts Show More Good News on Inflation
-
AI Stocks May Be Down, but Don’t Count Them Out
-
The 10 Best Companies to Invest in Now
-
New 4-Star Stocks
-
Morningstar’s Guide to Investing in Stocks
-
Our Top Pick for Investing in US Renewable Energy
-
How to Measure a Stock’s Uncertainty
-
How to Determine Whether a Stock Is Cheap, Expensive, or Fairly Valued
-
Why a Company’s Management and Capital Allocation Matter
-
How to Determine What a Stock Is Worth
United States