ARLINGTON, Texas, Jan. 24 /PRNewswire-FirstCall/ -- D.R. Horton, Inc.
(NYSE: DHI) Thursday (January 24, 2002), announced that it has declared a cash
dividend of six ($0.06) cents per share, a 20% increase over the quarterly
dividend declared for the same quarter of last year. The current quarterly
cash dividend is payable on February 15, 2002 to stockholders of record on
February 5, 2002.
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. The Company currently builds and sells homes under the
D.R. Horton, Arappco, Cambridge, Continental, Dietz-Crane, Dobson, Emerald,
Mareli, Milburn, Regency, SGS Communities, Torrey and Trimark names in
20 states and 38 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 subsidiaries CH Mortgage, DRH Title Company, Principal Title,
Travis Title Company, Metro Title Company, Century Title Company and Custom
Title Company.
WEBSITE ADDRESS: www.DRHORTON.com
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SOURCE D.R. Horton, Inc.
Web site: http: //www.drhorton.com
Company News On-Call: http: //www.prnewswire.com/comp/118697.html
CONTACT: Sam Fuller, CFO, or Stacey H. Dwyer, EVP, both of D.R. Horton, Inc., +1-817-856-8200