FORT WORTH, Texas--(BUSINESS WIRE)--Jan. 11, 2007--D.R. Horton,
Inc. (NYSE:DHI), America's Builder, the largest homebuilder in the
United States, Thursday (January 11, 2007) announced that it has
declared a cash dividend of fifteen cents ($0.15) per share. The
current dividend represents a 50% increase over the $0.10 per share
quarterly cash dividend declared in the same quarter of last year. The
current dividend is payable on February 9, 2007 to stockholders of
record on January 26, 2007.
D.R. Horton, Inc., America's Builder, is the largest homebuilder
in the United States, delivering more than 53,000 homes in its fiscal
year ended September 30, 2006. Founded in 1978 in Fort Worth, Texas,
D.R. Horton has expanded its presence to include 84 markets in 27
states in the Northeast, Southeast, South Central, Southwest,
California 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 $90,000 to over $900,000. D.R. Horton also
provides mortgage financing and title services for homebuyers through
its mortgage and title subsidiaries.
WEBSITE ADDRESS: www.DRHORTON.com
CONTACT: D.R. Horton, Inc.
Stacey Dwyer, EVP, 817-390-8200
SOURCE: D.R. Horton, Inc.
