MIAMI, Oct. 30, 2017 /PRNewswire/ -- Lennar
Corporation (NYSE: LEN and LEN.B), one of the nation's largest
homebuilders, announced that its Board of Directors has declared a
stock dividend of one share of Class B common stock for each 50
shares of Class A common stock or Class B common stock of the
Company outstanding, payable on November 27,
2017 to holders of record at the close of business on
November 10, 2017.
About Lennar
Lennar Corporation, founded in
1954, is one of the nation's largest 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 segment is a vertically
integrated asset management platform focused on investing
throughout the commercial real estate capital structure. Lennar's
Multifamily segment is a nationwide developer of high-quality
multifamily rental properties. 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.
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SOURCE Lennar Corporation