ARLINGTON, Texas, April 28 /PRNewswire-FirstCall/ -- D.R. Horton, Inc.
(NYSE: DHI) Wednesday (April 28, 2004) announced that it has declared a
quarterly 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 $0.07 per share quarterly cash dividend declared in
the same quarter of last year. The dividend is payable on May 21, 2004 to
stockholders of record on May 7, 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 21 states
and 51 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.