FORT WORTH, Texas, Jan 12, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- D.R. Horton, Inc.
(NYSE: DHI), America's Builder, Thursday (January 12, 2006) announced that it
has declared a cash dividend of ten cents ($0.10) per share. The current
dividend represents a 48% increase over the $0.0675 per share quarterly cash
dividend declared in the same quarter of last year, as adjusted for the four-
for-three stock split of March 16, 2005. The dividend is payable on
February 10, 2006 to stockholders of record on January 27, 2006.
D.R. Horton, Inc., America's Builder, is the largest homebuilder in the
United States, delivering more than 51,000 homes in its fiscal year ended
September 30, 2005. Founded in 1978 in Fort Worth, Texas, D.R. Horton has
expanded its presence to include 74 markets in 25 states in the Midwest, Mid-
Atlantic, Southeast, Southwest and Western 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: http://www.DRHORTON.com
SOURCE D.R. Horton, Inc.
Bill Wheat, CFO of D.R. Horton, Inc., +1-817-390-8200