FORT WORTH, Texas--(BUSINESS WIRE)--April 24, 2007--D.R. Horton,
Inc. (NYSE:DHI), America's Builder, Tuesday (April 24, 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 May 18, 2007 to stockholders
of record on May 4, 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 85 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.
