KB Home Boosts Quarterly Dividend By 33% From $0.15 To $0.20 Per Share
Portfolio Pulse from Benzinga Newsdesk
KB Home's Board of Directors has declared a 33% increase in the next quarterly cash dividend from $0.15 to $0.20 per share. The dividend will be payable on August 17, 2023, to stockholders of record on August 3, 2023.
July 13, 2023 | 8:40 pm
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KB Home's dividend increase may attract income-focused investors, potentially leading to a short-term increase in the stock price.
Dividend increases are often seen as a sign of a company's financial health and can attract income-focused investors. This could lead to increased demand for the stock, potentially driving up the price in the short term.
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