FORT WORTH, Texas, April 25 /PRNewswire-FirstCall/ -- D.R. Horton, Inc.
(NYSE: DHI) Monday (April 25, 2005) announced that it has declared a cash
dividend of nine cents ($0.09) per share. Adjusted for the four-for-three
stock split of March 16, 2005, the current dividend represents a 50% increase
over the $0.08 per share quarterly cash dividend declared in the same quarter
of last year. The dividend is payable on May 20, 2005 to stockholders of
record on May 6, 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040722/DHILOGO )
D.R. Horton, Inc., America's Builder, is the largest homebuilder in the
United States, delivering more than 43,000 homes in its fiscal year ended
September 30, 2004. Founded in 1978 in Fort Worth, Texas, D.R. Horton has
expanded its presence to include 67 markets in 21 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 $80,000 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.
04/25/2005
CONTACT: Stacey Dwyer, EVP of D.R. Horton, Inc., +1-817-390-8200/
/Web site: http://www.drhorton.com /
(DHI)
