FORT WORTH, Texas--(BUSINESS WIRE)--Dec. 7, 2012-- D.R. Horton, Inc. (NYSE:DHI) has declared a cash dividend of $0.15 per share. This dividend is in lieu of and accelerates the payment of all quarterly dividends that the Company would have otherwise paid in calendar year 2013. The accelerated dividend is payable on December 21, 2012 to stockholders of record on December 17, 2012.
D.R. Horton, Inc., America’s Builder, is the largest homebuilder in the United States, based on its 18,890 homes closed during its fiscal year ended September 30, 2012. Founded in 1978 in Fort Worth, Texas, D.R. Horton has operations in 77 markets in 26 states in the East, Midwest, Southeast, South Central, Southwest and West regions of the United States. The Company is engaged in the construction and sale of high quality homes with sales prices ranging from $100,000 to over $600,000. D.R. Horton also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries.
WEBSITE ADDRESS: www.drhorton.com
Source: D.R. Horton, Inc.
D.R. Horton, Inc.
Jessica Hansen, 817-390-8200
Vice President of Communications
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding D.R. Horton's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.