PulteGroup, Inc. (NYSE: PHM) announced today that its Board of Directors has voted to increase the Company’s quarterly dividend by 25% to $0.20 per common share. The increase will be effective with the Company’s next scheduled dividend, which is payable January 3, 2024, to shareholders of record at the close of business on December 19, 2023.
“Over the past five years, PulteGroup has generated $6.9 billion of cash flow from operations which have been used to fund our growth, while returning almost $4.0 billion to shareholders through dividends and share repurchases,” said PulteGroup President and CEO, Ryan Marshall. “The Board’s decision to increase our dividend by 25% reflects our commitment to returning capital to our shareholders.”