D.R. Horton, Inc., America's Builder, Declares Quarterly Cash Dividend, an 11% Increase

04/24/06

FORT WORTH, Texas, April 24, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- D.R. Horton, Inc. (NYSE: DHI), America's Builder, Monday (April 24, 2006) announced that it has declared a cash dividend of ten cents ($0.10) per share. The current dividend represents an 11% increase over the nine cents ($0.09) per share quarterly cash dividend declared in the same quarter of last year. The dividend is payable on May 19, 2006 to stockholders of record on May 5, 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 82 markets in 27 states in the Mid-Atlantic, Midwest, 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.

Stacey Dwyer, EVP of D.R. Horton, Inc., +1-817-390-8200

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