ARLINGTON, Texas, Jan. 14 /PRNewswire-FirstCall/ -- D.R. Horton, Inc.
(NYSE: DHI) Wednesday (January 14, 2004) announced that it has declared a cash
dividend of eight cents ($0.08) per share. Adjusted for the three-for-two
stock split of January 12, 2004, the current dividend represents a 71%
increase over the seven cents ($0.07) per share quarterly dividend declared in
the same quarter of last year. The dividend is payable on February 13, 2004
to stockholders of record on January 30, 2004.
Founded in 1978, D.R. Horton, Inc. is engaged in the construction and sale
of high quality homes designed principally for the entry-level and first time
move-up markets. D.R. Horton currently builds and sells homes in 20 states
and 47 markets, with a geographic presence in the Midwest, Mid-Atlantic,
Southeast, Southwest and Western regions of the United States. The Company
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.