D.R. Horton Inc Dividend Increase

On October 29, D.R. Horton (DHI) increased its dividend by 11.11%, from 45¢ to 50¢ per share.

The dividend is payable on November 19 to shareholders of record on November 12.

DHI's contribution to DivGro's projected annual dividend income will increase by $20 to $200.

Created by the author

I own 100 shares of DHI at an average cost basis of $126.97/share. After this increase, my yield on cost is 1.58%, while the stock's forward yield is 1.36% at $146.53/share.

Since I opened my position in February 2025, the stock has delivered a 17% total return, including dividends of $242. That's a splendid annualized rate of return of 10.7%!

5-Year History of Dividend Payouts by Ex-Date

✝projected, assuming no further changes

Created by the author

On my 9-factor quality model, DHI scores 7.08, placing it in the High Quality band. Simply Safe Dividends rates DHI's dividend Very Safe at 85, the top tier of their five-band scale. The Seeking Alpha grade of D+, however, signals durability concerns for DHI's payout.