Company: Lennar Corp. (LEN)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Lennar is one of the largest public homebuilders in the United States. The companyÕs homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. LennarÕs financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily and single-family for rent construction and has invested in numerous housing-related technology startups. -Morningstar.com-
Symbol: LEN
Recent Price: $174.41
Dividends: $2.00
Yield: 1.15%
Sector: Consumer Cyclical
Industry: Resintial Construction
Address & Company Phone #: 700 Northwest 107th Ave. Miami FL 33172, 305-559-4000
Transfer Agent: Computershare 800-542-3863
Moody’s Rating: Baa3
Minimum & Maximum Investment: $10 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $25
Fees: Div.: 5% of amount invested up to $5 Max Cash: 5¢/sh. Cert: Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $156.01, $94.11