Lennar Corporation (NYSE:LEN) maintained its quarterly dividend of 4 cents per share. The quarterly cash dividend of $0.04 per share for both Class A and Class B common stock payable on May 9, 2012 to holders of record at the close of business on April 25, 2012. Investors can expect a yield of about 0.7 percent at the current stock price.
Shares are higher by about 1.9 percent.
In other dividend news, Bank of America Corporation (NYSE:BAC) maintained its quarterly dividend of 1 cent per share. Carnival Corporation (NYSE:CCL) maintained its quarterly dividend of 25 cents per share. Pentair Incorporated (NYSE:PNR) maintained its quarterly dividend of 22 cents per share.
Among dividend increases, Targa Resources Corporation (NYSE:TRGP) announced its quarterly dividend of 36.5 cents per share, an increase of about 9% over its prior dividend in January of 33.6 cents.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.